Amending a s-corporation return (1120S) in ProSeries

This article will help you create and file an amended 1120S in Intuit ProSeries.

If you are looking for how to amend a different return type, select your return type below:

To amend the S-corporate return:

1. Open ProSeries to the HomeBase.
2. From the File menu, select Client File Maintenance, then Copy/Backup to backup up the original return.
   • If you need assistance with this part, more information is available here.
   • You'll need to use the original when preparing the amended return.
3. Open the original return.
4. If you plan on e-filing the amended return: On the S Corporation Information Worksheet go to Part V, Electronic Filing Information, and scroll down to the Electronic Filing of Amended Return section. Check the box next to Check this box to file amended return electronically.
   • S Corp Information Worksheet, Part V, must have Check this box to file federal return or state return electronically unchecked.
5. On Form 1120S, p1-2, check box H(4) to indicate an amended return.
6. Make the necessary changes to the return.
7. If Schedule K-1(s) result in a change, go to the Schedule K-1(s) and check Amended K-1 (see Schedule K-1 information below).
8. Attach a statement that identifies the line number of each amended item, the corrected amount, or treatment of the item, and an explanation of the reasons for each change. This statement should be mailed with the amended return.
9. Save the return.
10. If you'll be mailing the amended return, print and mail it to the service center where the original return was filed.

Before you can :

• Electronic Funds Withdrawal (direct debt) for additional balance due is not available for amended returns.
• To mark an electronically filed return as Amended Return Mode, you must have the accepted acknowledgment for the originally filed return.

E-filing amended S Corporation returns:

1. Open and complete the Amended Return Explanation Statement (For Electronic Filing Only).
2. If you have a state return attached, go to the state return and make any necessary state adjustments. If necessary, review the Tax Help and Government Instructions, or contact the state taxing agency for detailed information on amending the state return.
   • To indicate a state amended return, you may have to check a box on the main form or write Amended at the top of the form. You may also need to attach a statement of changes made to the return.
3. If you went to the state return, go back to the federal return.
4. Attachments that were transmitted with the original federal return aren't transmitted with the amended return. You must attach any PDF files that are applicable to the amended return.
5. Make sure the amended return passes Final Review.
6. Save the return.
7. When you're ready to e-file the amended return, go to the HomeBase EF Center.
8. Convert and transmit the client's Amended 20YY Corporation Return the way that you converted and transmitted the Client's Original 20YY Corporation Return.
9. Check for acknowledgments the way that you checked for acknowledgments for non-amended returns.

Other considerations: