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[Event] Ask the Experts: Extension Filers
S-Corporations are separate tax entities and are not filed as part of your personal tax return.
S-Corporations file Form 1120-S, normally due March 15 (September 15 if on extension).
The two entities (SMLLC and S-Corp) should not be combined in anyway, and should have separate accounting/books, etc.
When the 1120-S is filed for the S-Corp, a K-1 will be generated that will be required for your personal return as the S-Corp is a pass-through entity.
You can choose to self-prepare if you wish. Through TurboTax, you can use TurboTax Business Online or TurboTax Business (Desktop - requires Windows PC). Please note, these options do not include your personal return (where the SMLLC is reported), these are only for the corporate (S-Corp) return.
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2 weeks ago
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