Question
Corporate tax returns with same beginning year
Quick question:
Client is a C corp and filed a short year fiscal year tax return for the initial filing period. The second year's full tax return begins in the same calendar year as the initial filing period's tax return ended.
First period: February 2023 through November 2023
Second period (full year): December 1 through following November 30
How do I tell the program that the second year's tax return starts in the same calendar year? In this case both returns will show as a 2023 tax return just fyi, and I assume that I have to use the same year's tax program i.e. 2023
Thanks.
GLR
