File consolidated S Corporation and QSSS extensions

Follow these steps to print or e-file a consolidated S Corporation extension.
  1. Open the consolidated return.
  2. Address and clear all diagnostic messages related to demographic information or the extension.
    note
    Use CTRL+D to view diagnostics.
  3. Select
    File
    ,
    Print Extensions
    , and mark the
    Create electronic file
    checkbox.
  4. Select
    E-File
    .
    note
    • When you process a consolidated S Corporation extension, you don't need to select the member clients' returns via
      File
      ,
      Print Extensions
      as you would for a consolidated return.
    • For all QSSS extensions (the Parent and Subsidiary client returns), mark the
      Suppress creation of: Federal electronic file when only filing the FinCEN 114 or a state return or extension electronically
      checkbox in the ELF screen in the Electronic Filing folder.
    • UltraTax CS won't complete the Consolidated Group Worksheet for a consolidated S Corporation client. The worksheet applies only to consolidated C Corporation clients. QSSS Corporations are considered to liquidate and no longer exist for tax purposes. QSSS Corporations are no longer considered a separate legal entity for federal tax purposes and you don't need to list them in the worksheet.

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