1065 closes his business on March 2011 .
Partnership closed on march 31, 2011 - How can I report the final return on Lacerte? I filed the 2010 return so how can I import the information on the final return ?
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GP0142
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07/14/11 5:23pm PDT
Viewed by asker 08/04/11 4:37pm PDT
Viewed by asker 08/04/11 4:37pm PDT
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sjrcpa
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07/14/11 5:30pm PDT
You can copy and rename the file in the 2010 program. You will need to delete, re-enter data as appropriate. You will not have a pro forma return. You will need to enter short year dates of Jan 1, 2011- March 2011 closing date.
The more I know, the more I don't know.
George4Tax
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07/14/11 6:36pm PDT
Susan is correct. When I copied and renamed, I always worked on the original file to avoid having to pay REP for each one. Original is client XXXX. I copy that to Client XXXX-10 and keep that as the 2010 copy. When finished I copy the 2011 to Client XXXX-11. If I later need to review or amend, you can simply rename the appropriate copy to Client XXXX and process.
Hmm??? Could I have been clearer when I asked that question? Did I mark the question solved after it was answered?
abctax55
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07/15/11 7:49pm PDT
This thread has some pertinent info that may help you.
http://community.intuit.com/posts/which-tax-year-form-1065-to-use-for-a-short-year-return
[I believe it has been 'sanitized' enough to link to it..... ;-) ]
For a professional answer you might want to ask this question of a paid support person at Intuit Tech Support (800-434-6818). Those who choose to volunteer on this forum are not compensated or supported by Intuit.
07/16/11 8:55am PDT
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