Andrea M Posted June 1, 2016 Report Share Posted June 1, 2016 The wrong box was checked on a 2014 1120S return. The return was prepared on the accrual basis, but the cash basis box was checked. Should the return be amended? The accrual box will be checked on the 2015 return. Thanks! Quote Link to comment Share on other sites More sharing options...
jklcpa Posted June 1, 2016 Report Share Posted June 1, 2016 I would so that if the IRS does pick up on the error, that it doesn't think the company changed its accounting method. 1 Quote Link to comment Share on other sites More sharing options...
Andrea M Posted June 6, 2016 Author Report Share Posted June 6, 2016 Thanks! Quote Link to comment Share on other sites More sharing options...
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