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proforma from a C-Corp to a S-Corp

Level 1

Is there a way to proforma from a C-Corporation into a S-Corporation?  Vs having to reinput beginning balance numbers.

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2 Comments 2
Level 15

Not pro forma. Once it is pro forma'd, there is an option to export to C or S. Its not foolproof, but it does save some time.

Level 15

I'm sure there is since ProSeries can do it.  But I'm not a Lacertian, so I can't tell you how its done.  But then again, by doing a little search I did find how it is done:

Solved: How to convert a c corp to an s corp on lacerte - Intuit Accountants Community

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