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Returning Member
posted Nov 10, 2022 6:37:18 AM

Question about "Paid Preparer Use Only" in 1120

I am the CEO of a Corporation, and wonder if I prepare the 1120 by myself, should all the items in "Paid Preparer Use Only" section remain blank?

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1 Replies
Level 15
Nov 10, 2022 6:42:17 AM

Yes, those lines should be blank.   ONLY a paid tax preparer should have anything on that line.   The fact that you are the CEO of the company does not make you a paid preparer.  You are still using do-it-yourself tax software, so the return is "Self-Prepared."