How to file 1120s and individual tax in one return?

newbie — Tue, 04 Jun 2019 22:44:28 GMT

You cannot file a 1120S form and an individual tax return...

JulieCo — Tue, 04 Jun 2019 22:44:30 GMT

You cannot file a 1120S form and an individual tax return together. A 1120S form is for a SCorp which is considered a separate legal entity, therefore it requires its own tax return. For each of the stockholders of the SCorp, a K-1 form will be generated when the 1120S return is prepared. The K-1 form is for each of the stockholders to report their share of the income and expenses of the SCorp when preparing their individual tax returns.

To create and file a 1120S form, you will need to use TurboTax Business (CD or download.

topic How to file 1120s and individual tax in one return? in Business & farm

How to file 1120s and individual tax in one return?

You cannot file a 1120S form and an individual tax return...