Carl
Level 15

Business & farm

Another thing to point out that can be "REALLY" important here. If you are a non-profit, then you can't use any version of TTX to file the tax return.

If you are not a non-profit, then officers (such as you) are required to take an RMD from the S-Corp every year and pay taxes on it. If this is your case, then that means you'll be amending your personal 1040 tax return once the corporate return is completed, filed, and all officers have been issued a K-1 which they are required to include in their personal 1040 tax return.

I understand you wanting to do this yourself to save money. But it "appears" you don't have the necessary knowlege to do so. Therefore in addition to recommending you get professional help this year, I also recommend you get professional help with what i call "the heart of a teacher" that is willing to educate you on this stuff, instead of one with the heart of a banker who "keeps you in the dark" as a way of keeping your business every year.