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Can you convert 1120 client to be a LLC filing Form 1065 in Lacerte
A C-Corp client converted to be a LLC in Aug 2020. How can I convert the client to be in Partnership Tax in Lacerte? Or, I need to start brand new client in Partnership tax?
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You can export the depreciation from one type and import to the other. You can not convert, so you do need to start fresh.
https://www.thetaxadviser.com/issues/2019/jun/conversion-c-corporation-llc.html may be of interest
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