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20-S vs. OR-K-1 question
This is my first time using Turbotax to file my S-Corp 1120-S for both federal and state (Oregon).
In reviewing and comparing the final forms generated by Turbotax to my filing from last year, I see that my former accountant had used the form: OR-K-1 whereas Turbotax used form 20-S with the title (Oregon Schedule K-1 Equivalent).
Form 20-S has less information than the OR-K-1 in that it doesn't include lines for revenue ... Are these forms really equivalent?
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March 7, 2023
9:36 AM