Override

Forum|Forum|1 year ago
July 25, 2024
1 reply
14 views

Question. I have a customer that I had to amend years 2020 & 2021 do to them receiving the ERC. Since tax year 2022 was already filed do I amend that year as well to change the balance sheet? I am working 2023 the year money received and of course I am off from the changes of 2020 & 2021. Can I override the changed fields?

ProSeries Professional

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Best answer by IRonMaN

If 2022 was not affected by ERC and the only changes are the balance sheet changes rolling over from 2020 and 2021, there isn't a need to amend 2022. Go ahead and override the opening balance sheet accounts on the 2023 return.

IRonMaNAnswer

Level 15

If 2022 was not affected by ERC and the only changes are the balance sheet changes rolling over from 2020 and 2021, there isn't a need to amend 2022. Go ahead and override the opening balance sheet accounts on the 2023 return.

Slava Ukraini!

J

judys3Author

Level 6

The balance sheet for 2022 is incorrect as well because of those amended returns. I wasn't sure if I needed to amend that year as well for those changes.

And thank you for you answer.

IRonMaN

Level 15

You betcha!

Slava Ukraini!

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