I closed my S-corp in 2016 and continued working as a sole proprietorship. What do I need to report for my 2016 taxes?

nick3 · ‎May 31, 2019

IreneS · ‎May 31, 2019

For your S-Corp., you should file a final year return on Form 1120-S.

The business income and expenses for your sole proprietorship are reported on Schedule C, Profit or Loss from Business, which is part of the 1040 return.

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View solution in original post

IreneS · ‎May 31, 2019

For your S-Corp., you should file a final year return on Form 1120-S.

The business income and expenses for your sole proprietorship are reported on Schedule C, Profit or Loss from Business, which is part of the 1040 return.

**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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I closed my S-corp in 2016 and continued working as a sole proprietorship. What do I need to report for my 2016 taxes?