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Level 2
December 6, 2019
Solved

Is it possible to change an entity from 1065 to 1120S after the return already has been filed for 2017?

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abctax55
abctax55Answer
Level 15
December 6, 2019

In Lacerte? or with the IRS?  I'd say *no* to both.

BUT...  IF the F 1065 has already been accepted via efile, then that is what the IRS wants/and was expecting.

Are you trying to implement a late S-election?

NMI.

HumanKind... Be Both

4 replies

abctax55
abctax55Answer
Level 15
December 6, 2019

In Lacerte? or with the IRS?  I'd say *no* to both.

BUT...  IF the F 1065 has already been accepted via efile, then that is what the IRS wants/and was expecting.

Are you trying to implement a late S-election?

NMI.

HumanKind... Be Both
IRonMaN
Level 15
December 6, 2019