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K
KCameron
Level 3
July 9, 2021
Question

S Corp Closing of the Books Election

  • July 9, 2021
  • 1 reply
  • 21 views

I need to make a closing-of-the-books election for an S-Corporation due to a shareholder change mid-year. Is there a spot to indicate this election in ProSeries, or do I just attach a statements?

 

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1 reply

PATAX
PATAX
Level 12
July 10, 2021

The regular C Corporation module has a worksheet entitled corporate elections summary... Check to see if that  is in the s corp module... Hope this helps... just my opinion...

    K
    KCameronAuthor
    Level 3
    July 10, 2021

    That is it! That specific election is on the summary page which directs me to an allocation page. Thanks so much!

      PATAX
      PATAX
      Level 12
      July 11, 2021

      You're welcome

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