Thanks for the reply. In the instructions for Form 1120, it does say that. But the IRS does NOT include the same exception for form 1120S per those instructions ( <a rel="nofollow" target="_blank" href="
https://www.irs.gov/pub/irs-pdf/i1120s.pdf">https://www.irs.gov/pub/irs-pdf/i1120s.pdf</a> ). Maybe an oversight by the IRS? I'd feel more comfortable seeing the same language in those instructions though.
