
Data is not retained when entering a name on S28 in ProFile
by Intuit• Updated 3 months ago
ProFile automatically completes Schedule 28 based on the association code entered on Schedule 23:
- If you enter an association code of 2 or 3 on Schedule 23 for the reporting corporation, the name and business number of the corporation transfers to Schedule 28 as the "third corporation" (030).
- If you enter an association code of 5 on Schedule 23 for corporations electing not to be associated corporations, the name and business number of the corporation transfers to Schedule 28 as "corporations that would, but for this election, be deemed associated with each other" (100).
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