Answered: Data Entry Business Return

Bethab1 · ‎02-19-2019

HI! What does "S Effective Date" mean on the very first section of "Client Information" when filling out a 1020S? Above this entry they are already askign for date incoporated so what does this mean? What is it asking and when would it be used?

IntuitAustin · ‎02-19-2019

This is the very first date the business elected to be an S Corp wth the IRS. It could be different than when the business was first formed.

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IntuitAustin · ‎02-19-2019

This is the very first date the business elected to be an S Corp wth the IRS. It could be different than when the business was first formed.

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**Mark the post that answers your question by clicking on "Accept as solution"

Data Entry Business Return

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