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2020 TT Business does not generate Form 1125-E when I have Officer Compensation on 1120-S, Line 7
I completed all entries in 2020 TurboTax Business (desktop software). TT indicates I am ready to file. I printed all documents required for submission to IRS. Form 1120-S includes an amount on line 7 (compensation of officer) and indicates I must attach Form 1125-E. However, TT did not generate the Form. Why? Will the IRS reject the e-file I submit via TurboTax software? (Note: I am the only officer and 100% shareholder, with gross sales under $300k.)
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‎February 13, 2021
1:57 PM