QB Issue Resolution:

It is a Cross Platform Marketing setting for importing this QB file into an Intuit professional tax preparation program or into TurboTax for business. If you never do this at all, the entire “tax line mapping and tax form setting” is Pointless in QB. It isn’t a QB function.

 

Changing the tax form will result in currently Mapped accounts to be unmapped.

 

As a consultant, I check your setting to see which type of entity you are, and if this is in use, it is set right.

 

You might not ever even care. If it mattered, you or your tax preparer would have noticed before now.

 

Change it, thenĀ  don’t bother Mapping Accounts.

Resolution for Issue 'Company Information Income Tax form used 1120 vs 1120s' available: Yes (Solved).
Source: Intuit Community forum.

Company Information Income Tax form used 1120 vs 1120s: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for income tax
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Error Recovery for income tax [Canada]
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