rbynaker
Level 13
01-18-2023
11:35 AM
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Can you get a copy of the original return? An election should have been attached if made. You can "do the math" and see if the allocation was pro rata or not.
Beyond that I don't know that you can make the change retroactively. The IRS may want an amended 1120S, amended 1040 and amended 1041. Which one of those entities is your client?