garman22
Level 13
Level 13

Assuming you file what needs to be filed with the IRS, revoking your S Corp election is doable. 

Unfortunately I do not work with PS for my corporate needs. I use UltraTax. 

I've never had a client revoke their election once elected. 

 

There are some rules re: bouncing back and forth. Make sure the client is aware of this.