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Business & farm
@newllc19 wrote:
...I am just the employee (not owner) of the S-corp employee (and record any distributions from Scorp as shareholder from K-1 on Schedule E/C)
In TurboTax Home & Business, you enter all of the information from your K-1 (1120-S) and also the information from the W-2 you received (or probably should have received) as an employee of the S corporation.
I am assuming you prepared (or you had someone else prepare) the 1120-S for the corporation (or, more precisely, the LLC treated as an S corporation for federal tax purposes) and you were issued a K-1.
‎August 29, 2019
4:24 PM