UltraTax 1065 client is now a 1120 client

Key tips and advice the working tax pro can use.
#1
juro  
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974
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18-Oct-2015 9:11am
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USA
so, in an interesting turn of events, a 1065 client wants to change to a C-Corp.
How can I recreate this as an 1120? There must be an easy, fast way to transfer the data to a CCorp.
When I create a new C-Corp client in UltraTax, & input the EIN, the company info populates the data fields, but there are many fixed assets & account balances that still need to be inputted for the current year. The return for the UltraTax 1065 client has been prepared.
 

#2
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24-Apr-2014 7:54am
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Wisconsin
In UltraTax, I think it's possible to make the change in the client properties area (to change 1065 to 1120)

Otherwise, you can at least copy assets (CTRL+C) and paste them (CTRL+V) in another client.
 

#3
juro  
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974
Joined:
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Location:
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missingdonut wrote:In UltraTax, I think it's possible to make the change in the client properties area (to change 1065 to 1120)



it won't let me do that, i tried
 


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