S Corporation return (Form 1120-S)
To select or enter the method of accounting in the S corporation return, from the main menu of the return (Form 1120-S) select:
- Schedule B - Other Information
-
Method of Accounting
- Cash
- Accrual
- Other (Specify) - If you select Other, you must enter a description in order to electronically file the return.
C Corporation return (Form 1120)
To select or enter the method of accounting in an corporate tax return, from the main menu of the return (Form 1120) select:
- Schedule K - Other Information
-
Method of Accounting
- Cash
- Accrual
- Other (Specify) - If you select Other, you must enter a description in order to electronically file the return.
Partnership return (Form 1065)
To select or enter the method of accounting in a partnership return, from the main menu of the return (Form 1065) select:
- Heading Information
- Other Categories
-
Method of Accounting
- Cash
- Accrual
- Other (Specify) - If you select Other, you must enter a description in order to electronically file the return.
Nonprofit return (Form 990)
To select or enter the method of accounting in a nonprofit return, from the main menu of the return (Form 990) select:
- Parts VII, IX, X, XI and XII
- Part XII - Financial Statements and Reporting
-
Accounting Method
- Cash
- Accrual
- Other (Specify) - If you select Other, you must enter a description in order to electronically file the return.
Nonprofit simplified return (Form 990-EZ)
To select or enter the method of accounting in the simplified non-profit return, from the main menu of the return (Form 990-EZ) select:
- Heading Information
- Other Information
-
Accounting Method
- Cash
- Accrual
- Other (Specify) - If you select Other, you must enter a description in order to electronically file the return.
Additional Information:
IRS Instructions for Form 1120-S
IRS Instructions for Form 1120