Set up a short year return
Configure a short year return by entering the fiscal dates and selecting options in the return's Basic Return Information section.
Follow these steps to set up a short year return.
- SelectOrganizer,General information, thenBasic Return Information.
- Select theReturn Informationtab, and then go to theDatessection.
- Mark theShort year returncheckbox.
- Enter the beginning and ending fiscal year dates. Make sure that other dates in the return are correct for the short-year return. For example, sales of capital assets should have the correct year for the date sold.
- Optional: Select an option in theShort year period indicatordropdown.
