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form 1120S schedule B
hello,
I am close to the end of the tax return. I want to clarify before I file it.
This is my first year to use turbo tax business for my s corporation.
I have used a CPA for previous years since I formed s-corp for my business.
Reviewing the forms, I noticed that question number 4(Form 1120S Schedule B other information) is different than previous years.
( my S-corp received K-1 from a partnership LLC. I own 20% of the LLC.)
I think that is why turbo tax said "yes" on 4b, and filled the description in the table. But my previous Schedule B specified "no" on that question. I wonder why that is....
‎June 23, 2020
4:55 PM