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Get your taxes done using TurboTax
I think that line 1 being blank is when you aren't paying the income tax through the S-Corp but passing the income through and will pay the income tax portion on your personal return? I have mine printed and sealed in the envelope to take to the post office tomorrow, then I see this! But after looking at the form in TT, I'm thinking it is supposed to be blank when pass-thru? Anyone else know? Pathetic that we pay for the tax experts and getting more info from each other. Said so on their survey too.
March 11, 2024
4:50 PM