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Similar to a partnership, S corporations must file an annual tax return
on Form 1120S.The S corporation provides Schedule K-1s that reports each
shareholder’s share of income, losses, deductions and credits. The
shareholders use the information on the K-1 to report the same thing on
their separate tax returns. You can use Premier or Self-Employed.
Similar to a partnership, S corporations must file an annual tax return
on Form 1120S.The S corporation provides Schedule K-1s that reports each
shareholder’s share of income, losses, deductions and credits. The
shareholders use the information on the K-1 to report the same thing on
their separate tax returns. You can use Premier or Self-Employed.
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