Hello - My husband filed his 1120 for his corporation. I'm doing our personal taxes now, what do I need for our personal taxes?

[giovi_figu]

I think I have to do it in the income section what but I don't know what to look for on his 1120? Please help

[Rick19744]

If your husband has filed an 1120 for a regular C corporation, then there is most likely nothing that you have to report related to the corporate activity.  This is a separate entity and pays its own taxes.

The C corporation most likely issues a W-2 to your husband and of course this will be reported on your personal tax return.

The only other item that may impact you would be if the corporation paid out any dividends to shareholder's.  If they did, these would be reflected on a form 1099-DIV and also reported on your personal tax return.