Yearend for S-Corp

[gf]

Can I change the yearend for an S-Corp to be 12/29/2019?

[George4Tacks]

Yes, you can but why would or should you?

Is this a final return?

[gf]

My client and everything is recorded by the week, not the month.  His week ends on Sunday. His prior return yearend was 12/30 and is reflected on his S-Corp return. This year ended on 12/29. I can only find in Lacerte how to pick a month yearend. 

[PhoebeRoberts · Accepted solution]

Screen 3.1, Short Tax Year Information, override the beginning and ending fiscal years, and a 12 in the next field.