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Re: Converting LLC Partnership to S Corp

Everygoodthing
Level 2

sorry, will be working in Proseries.

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1 Solution

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IRonMaN
Level 15

You need to create a new client in the Sub S module.


Slava Ukraini!

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5 Comments 5
IRonMaN
Level 15

You need to create a new client in the Sub S module.


Slava Ukraini!
Everygoodthing
Level 2

Thank you

IRonMaN
Level 15

You betcha!


Slava Ukraini!
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AB94
Level 1

Converting an LLC P/S to S-Corp in Proseries.  Can the assets be transferred over rather than re-entered individually?

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IRonMaN
Level 15

I believe it can be done if you use Fixed Asset Manager.  If you just use the depreciation within the tax program you are SOL.


Slava Ukraini!