This article applies to:

Data entry for centralized partnership audit regime

You're not required to make a formal election to opt out of the centralized partnership audit regime [section 6221(b)].

Go to the General
folder on the

OthInfo

screen.

In the
Electing out of the centralized partnership audit regime under section 6221(b)
field, answer Yes
for Schedule B, Question 25
.

Go to the

SchB2

screen and open the Elections
folder.

Enter details for shareholders of S corporation partners for Schedule B-2.