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February 12, 2025
Question

Change business enity

  • February 12, 2025
  • 1 reply
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I am using Turbo Tax business I selected wrong business type S Corp on the initial screen and need to switch to Partnership before I file.  I am trying to avoid re-entering all the information and creating a new return. 

1 reply

DawnC
Employee
February 12, 2025

Unfortunately, you will have to start a new return for Form 1065.   You can't convert an 1120-S into a partnership tax return; they are two completely different programs, with different forms and different tax laws.  😞

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