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Level 1
September 14, 2021
Question

Can you prepare a partial year tax return(1120-S)?

  • September 14, 2021
  • 1 reply
  • 2 views
change of ownership(adding a shareholder) in late Feb
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1 reply

IRonMaN
Level 15
September 14, 2021

But that doesn’t affect the corporate year at all.

Slava Ukraini!
sjrcpa
Level 15
September 15, 2021

Unless the new shareholder is not an eligible shareholder and the S election is blown.

The more I know the more I don’t know.