Ensure that the income for 1120S is properly categorized and any related deductions are accounted for
description of Other Income, line 8, form 1120S
012596
1 Replies
RobertB4444
Expert Alumni
Apr 29, 2025 9:29:27 AM
Other income is line 5 on the 1120-S form and you should enter any income there that isn't included in your earlier income entries. Things like refunds for expenses claimed on prior year returns and the like go there.