Group tab (1120 Consolidated S and C Corporations)

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Use this tab to designate the parent, eliminations, and subsidiary companies to be included in the 1120 Consolidated S or C Corporation return.

To open this dialog, click the Advanced Properties button in either the New Client or Client Properties dialog for an S or C Corporation consolidated return, and then click the Group tab.

Notes

  • An eliminations client is used to exclude intercompany transactions between the consolidated group members from the consolidated client.
  • Including an eliminations client as part of a consolidated group is optional.

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Related topic: New Client / Client Properties dialog

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