An LLC taxed as a partnership has elected Subchapter S status for 2024. When trying to input information for an 1120S, I get an error message of a duplicate Tax ID. How to I remove that error?
@jennieCPAUT1977 wrote:
Yes, the info from last year was transferred (as a 1065) but the Sub S election is effective beginning 1/1/24.
Your software is showing both a 1065 and an 1120-S for 2024?
Delete the 1065. There is no need for the 1065, is there?
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
