Realty loss from S corp loss can be used on 1040 form

laufeliz · ‎June 5, 2019

WillK · ‎June 5, 2019

When you prepare and file your 1120S (S-corporation return) it will generate a K-1 which will show the income and expenses. If the S-corporation has a loss, it will carry over to the K-1, which you will report on your personal taxes using form 1040.

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WillK · ‎June 5, 2019

When you prepare and file your 1120S (S-corporation return) it will generate a K-1 which will show the income and expenses. If the S-corporation has a loss, it will carry over to the K-1, which you will report on your personal taxes using form 1040.

**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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Realty loss from S corp loss can be used on 1040 form