So I am Filing my S Corporation Taxes and when I am attaching Form 8453 I noticed it is not 8453-S and it is 8453-CORP which made me think I did my Taxes as a C- Corp but I checked the First Page and it states S Corp.
Did the IRS stop designating C and S and are just using one form called Corp for C and S Corporations? I am used to the form having Income (Loss) Reconciliation rather than Total Income (Loss).
Is this a possible Glitch with Turbotax?
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It is one declaration form for both C and S corporations now.
See https://www.irs.gov/forms-pubs/about-form-8453-corp
It is one declaration form for both C and S corporations now.
See https://www.irs.gov/forms-pubs/about-form-8453-corp
the 8453-corp generated for my s-corp does not have any numbers in Part 1 at all - I tried a couple times - they come a blanks. Is this a bug?
@supertaxpert007 wrote:
they come a blanks. Is this a bug?
No. You will see the figure on Form 8453-CORP from Line 6 of your 1120-S in the File a Return section of the program.
Thank You for the Reply and Link.
I am having the same problem in Turbo Tax that you did. The 8453-CORP page does not have any numbers in it like it should. It does seem like a bug.
Were you ever able to figure out how to fix it? The "help" for Turbo Tax is not helpful at all.
I have updated my software. It just never works.
Thanks
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