traciemarone
Level 1
12-07-2019
02:59 AM
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Best Answer Click here
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rbynaker
Level 13
12-07-2019
02:59 AM
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The only way I know to do it is via Fixed Asset Manager. Then you're stuck with FAM for the rest of your life. You'd export from Sch C to FAM. Import from Sch C into FAM. Manually change the asset linking to an S Corp for each asset. Then export from FAM to S Corp.
Is there a high school nearby where you could find someone to do cheap data entry? 🙂
traciemarone
Level 1
12-07-2019
02:59 AM
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I will try that! Thanks!
Just-Lisa-Now-
Level 15
12-07-2019
02:59 AM
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The 1040 and the 1120S are completely separate programs, you wont be able to move the asset list from one to another automatically.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
garman22
Level 13
12-07-2019
02:59 AM
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I believe a bulk sale will do the trick for you. Try searching the database for bulk asset sales.
rbynaker
Level 13
12-07-2019
02:59 AM
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But that won't get them into the S Corp module.
garman22
Level 13
12-07-2019
02:59 AM
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Oh, I see. Sure, that is true. I thought they wanted to get assets out of Sch C.