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Get your taxes done using TurboTax
Thank you for your response but that does not address my question. Let me clarify-- I do not require any guidance on adding the 1120S form to the business return using Turbo Tax for business 2021. I also do not require any guidance on a company tax election.
What I need to know is where to enter "a capital contribution (equity) or loans (liabilities)" in the Turbo Tax for business 2021 software? The TurboTax interview questionnaire is not providing an opportunity to enter this information. This capital contribution question I would imagine comes up during the Business Info | Shareholder information ... but it does not.
Please look at @PatriciaV 's response in the thread above. I'm looking for a similar answer but for the 1120S (S Corp) instead of 1065 (Partnerships). Hopefully that clears things up a bit. Thank you.