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Can I convert a 1065 to 1120s? Entity made s-corp election for TY18.
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CMS_VA_CPAAnswer
Level 4
December 7, 2019
No conversion within the program. You would have to start a new 1120S return.
This would apply regardless of whether you have an LLC that made the elections to go from partnership treatment to Scorp treatment or a true partnership to to a new Scorp entity.
