3365355
This schedule is still not printing. IRS is now bugging me for this (completed)
Section of my C Corp 1120 return for 2032? Help?!
You'll need to sign in or create an account to connect with an expert.
Sign in to your TurboTax BIZ online account and pull up the year you want to print from the Print Center. Make sure to select "include government and TurboTax worksheets". This will print all the worksheet for the return.
There is no schedule/section S for a C-Corp. 1120-S is a corporate tax return for an entity that elected to be taxed as a passthrough entity, where the income gets reported on the stockholders return and they pay the income tax. 1120-S is a completely different tax return than form 1120 for C-corps.
so is your corporation properly taxable as a C-Corp - form 1120
or as an S-Corp - form 1120-S?
if you filed form 2553 that means you elected to have the corporation taxed as an S-Corp. You should have gotten a letter from the IRS acknowledging the election and the first year it's effective.
if this is not clear see a tax professional
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