How do I file a final return for S-corp? If I didn't have any income …
Mar 4, 2025 · My S-corp had very little income in 2024 and no income in 2025. I want to close the company. How do I file a final return here?
Distributions to Shareholders....what form does that end up on?
Feb 17, 2025 · On Form 1120S Schedule K-1, distributions are reported on Line 16 using Code D. The list of codes generally supplied with Schedule K-1 shows the description for Code D as …
What do I mail in with an amended 1120S? - ttlc.intuit.com
Mar 11, 2025 · I read this on the IRS website but can't find the form. Where can I find it? " For Form 1120-S or Form 1120-F – Attach to the amended Form 1120S/1120-F, the XML …
How to calculate section 199A items for box 17, code V?
Mar 5, 2020 · The S-Corporation reports this information on the Schedule K-1 (Form 1120S) in Box 17, Code V through Z. It is this information from Box 17 of the Schedule K-1 (Form …
Personal vehicle used by S Corp - Intuit
Feb 23, 2021 · In 2020 I purchased a personal truck that I use predominantly for business with my single member S corp. From what I understand, I need to reimburse my personal self for all …
I have an S-Corp. How should I deduct business mileage?
Jun 7, 2019 · I made the mistake of not reimbursing, but claiming a deduction on my 1120s for business mileage from 2016 to 2019. In 2020, my s Corp reimbursed me for that outstanding …
Form 1120-S
Feb 8, 2024 · Did you ever get the 1120s figured out? I’ve done the 1120s online last year on TurboTax business Online. No issues. This year I login and there’s no previous tax return. I …
Can I deduct health insurance premiums as an S corporation
To claim this deduction, the health insurance premiums must be paid or reimbursed by the S corporation and reported as taxable compensation in box 1 of your W-2.
Solved: Where does my s-corp profit/loss get input to my ... - Intuit
Jun 3, 2019 · When you complete the Form 1120S in TurboTax Business, you will generate a Form K-1 for each shareholder in the S Corp. This K-1 becomes the input document by which …
How do I file an extension for my business taxes? - Intuit
Partnership income (Form 1065) and S corporation income (Form 1120S) taxes are due September 15, 2025. Estates and trusts income (Form 1041) taxes are due September 30, …