Discussion:Change S corp from fiscal year to calendar year

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Revision as of 18:21, 12 October 2009
Rwjea (Talk | contribs)
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Michaelstar (Talk | contribs)
(No permission is)
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{{ForumNewPost|UserID=Rwjea|Date=12 October 2009|Text=I need to change a 9/30 S corp to a calendar year. Obviously need to file a short year return but what procedure do I follow to accomplish this? Do I need IRS approval or need to file an election to do this?}} {{ForumNewPost|UserID=Rwjea|Date=12 October 2009|Text=I need to change a 9/30 S corp to a calendar year. Obviously need to file a short year return but what procedure do I follow to accomplish this? Do I need IRS approval or need to file an election to do this?}}
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 +{{ForumReplyPost|UserID=Michaelstar|Date=12 October 2009|Text=No permission is need to adopt or change to a calendar year end.
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 +Yes, agree that a short year return will be required.}}

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Discussion Forum Index --> Advanced Tax Questions --> Change S corp from fiscal year to calendar year
Discussion Forum Index --> Tax Questions --> Change S corp from fiscal year to calendar year

Rwjea (talk|edits) said:

12 October 2009
I need to change a 9/30 S corp to a calendar year. Obviously need to file a short year return but what procedure do I follow to accomplish this? Do I need IRS approval or need to file an election to do this?

Michaelstar (talk|edits) said:

12 October 2009
No permission is need to adopt or change to a calendar year end.

Yes, agree that a short year return will be required.