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Get your taxes done using TurboTax
@Opus 17 wrote:
If you made the election as an S-corp, that's how you must file.
A return needs to be filed for the S corporation but which items of income and expense need to appear on it is an entirely different matter. There is more than one way to handle this scenario.
Further, rick19744 is correct; @emuelles7 needs to meet with a tax professional as soon as practicable.
‎October 20, 2024
12:03 PM