IRonMaN
Level 15
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Filing on an 1120 for an 1120S entity is like filing a 1041 instead of a 1040 and calling it good.  If they really want to be a Sub S when they grow up, they need to file an amended 1120 showing zeroes and and also file an 1120S.

ACME Taxes, Tatoos, Tires and Turtles (I've expanded my line of products to better serve you)