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    S Corp Closing of the Books Election

    KCameron
    Level 3

    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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    3 Comments 3
    PATAX
    Level 15

    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...

    KCameron
    Level 3

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

    PATAX
    Level 15

    You're welcome