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Inactive S Corporation

I have filed my S Corp as inactive for the past few years as we are doing no business at the moment, but I don't want to get rid of the business just yet. My accountant usually files our taxes but if I wanted to do them myself this year and wanted to know what forms I have to file.

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Inactive S Corporation

Yes, you can file Form 1120S yourself showing zero activity. There is no exception for an S Corp with no activity for the year.

The due date is March 15, 2023.

You will need Turbo Business products. Please see the link below for TurboTax Business Returns

[Edited 02/14/2023| 8:36AM PST]

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Inactive S Corporation

An S Corporation files an 1120-S Form.

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Inactive S Corporation

Is this something I can do myself and just enter the same details as last year?

Inactive S Corporation

Yes, you can file Form 1120S yourself showing zero activity. There is no exception for an S Corp with no activity for the year.

The due date is March 15, 2023.

You will need Turbo Business products. Please see the link below for TurboTax Business Returns

[Edited 02/14/2023| 8:36AM PST]

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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