Amend an S Corporation return

Follow these steps to amend an S Corporation return.
  1. Go to the AmendS screen in the Separate Filings folder.
  2. Enter
    X
    in the
    Transfer original information
    field.
  3. If you prepared the original return in UltraTax CS, add a reason for the amended return in the statement window for the
    Explanation of changes
    field.
  4. Make the necessary changes in the input screens for the amended return. UltraTax CS marks the
    Amended return
    checkbox on the 1120S return, Page 1, and the
    Amended K-1
    checkbox on Schedule K-1, Page 1, then prints a statement for the reason for the amended return.
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