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Changing a client to 1120S from 1065 after Subchapter S election

jennieCPAUT1977
Level 2

An LLC taxed as a partnership has elected Subchapter S status for 2024.  When trying to input information for an 1120S, I get an error message of a duplicate Tax ID.  How to I remove that error?

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2 Comments 2
TaxGuyBill
Level 15

Did you transfer the 1065 to 2024?

Is the S-election effective for all of 2024?

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jennieCPAUT1977
Level 2

Yes, the info from last year was transferred (as a 1065) but the Sub S election is effective beginning 1/1/24.  

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