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K
KatB
Level 3
January 25, 2021
Question

Is it possible to convert a sole prop farm to an S Corp in Proseries?

  • January 25, 2021
  • 5 replies
  • 22 views

I have a client with a farm that switch to an SCorp for 2020 and need to know if it can be converted in Proseries.

This topic has been closed for replies.

5 replies

Just-Lisa-Now-
Just-Lisa-Now-Intuit Community Champion
Intuit Community Champion
January 25, 2021

Nope.  You have to reenter the assets manually in the Scorp program.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    K
    KatBAuthor
    Level 3
    January 25, 2021

    That's painful.  There should be an easy solution for that.  

    IRonMaN
    IRonMaN
    Level 15
    January 25, 2021

    "There should be an easy solution for that"  

    But there isn't, unless you are using Fixed Asset Manager.

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