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New Member
posted Apr 14, 2025 3:34:55 PM

Entered information from 1120S but doesn’t show any income for child deduction.

I followed the instructions for entering the information on form 1120S, and I paid myself around $46k this past year from my S-Corp. On my personal taxes, it doesn’t show any income and won’t let me claim the child tax credit or earned income. I’m not sure how to resolve this issue. Please help!

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3 Replies
Expert Alumni
Apr 14, 2025 3:46:22 PM

Did you enter your w2? Once it is entered, you should be fine.

New Member
Apr 14, 2025 4:02:01 PM

Do you mean enter the information on the w-2 section on the form 1120S? Or do you mean to enter a separate w-2? 

Expert Alumni
Apr 17, 2025 1:47:34 PM

The W2 issued by your S-corp would be filed with your personal return.