Do both companies need to file a Fed tax return? S. Corp moved from CA to NV in Jun 2020 and started NV S. Corp., Same set of books just the corp changed from CA to NV.

[t-o-bookkeepings]

I know the CA Company needs to file a CA return for the months operating in CA, but since the company was a NV company at the end of the year do we need two 1120s returns?  Can we just file the whole year with the NV Corp 1120s?

[PhoebeRoberts · Accepted solution]

Was it structured as a Type F reorg? If so, you have the same EIN, and you file one 1120S.

If you have two EINs, you have two 1120S filings. That could be a better answer or a worse one, depending on how the allocation / apportionment works out.

[t-o-bookkeepings]

Thank you so much.  No, it was not a re-org.  So I will need two.