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 document, …
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 …
How do I file a final return for S-corp? If I didn't have any income in ...
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?
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 wanted to import …
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 1120S) that should …
I am concerned about the QBI deduction for S corp in the ... - Intuit
Mar 9, 2020 · TurboTax is calculating QBI correctly for S Corporations that adhere to the IRS rules for reporting shareholder compensation by including in shareholder box 1 W-2 income and Form 1120S …
Where do I report rental activity for an LLC? - Intuit
Dec 22, 2025 · Form 1120S includes Schedule K-1, which is given to each member of the LLC for use on their individual tax returns. Other LLCs (C-Corp) file rental activity on Form 1120 (Corporate) tax …
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Can I deduct health insurance premiums as an S corporation ... - Intuit
Dec 18, 2025 · You may be able to use the Self-Employed Health Insurance (SEHI) deduction if you're at least a 2% shareholder in an S corporation.
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What types of returns does TurboTax Business Desktop handle?
Dec 11, 2025 · The S corporation itself will file an 1120S tax return, but usually doesn't pay tax. Instead, a K-1 is issued to each shareholder with their income and losses from the business, which they …
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How do I enter STMT info for 1120S K-1 Box 17 Code V? - Intuit
Mar 6, 2024 · When you check the box for Form 1120S Schedule K-1 Box 17 and enter Code V, do not enter an amount. Instead, continue through the interview to the page " We see you have Section …