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April 20, 2021
Question

Fiscal Year for Small Business 2020

  • April 20, 2021
  • 1 reply
  • 0 views

How do I change from fiscal year to calendar year for my small business? Does TurboTax Home and Business software help with this? 

    1 reply

    Employee
    April 20, 2021

    Form 1128 would be used to request a change in tax year but TurboTax does not support the form.

     

    See https://www.irs.gov/instructions/i1128#idm140038687289712

     

    Do you have single-member LLC?