MinhT1
Expert Alumni

Get your taxes done using TurboTax

Yes. You have to attach a schedule K-1 in your name (as the only shareholder) to the tax return form 1120S of your S-corp even if all boxes are empty in your case as the S-Corp has no income or expenses.

 

As your Schedule K-1 is empty, you are not required to report it on your personal return.

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