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New Member
posted Feb 1, 2023 2:56:15 PM

Why is S Corporation using 8453-CORP for 2022?

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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1 Best answer
Level 15
Feb 1, 2023 3:27:00 PM

It is one declaration form for both C and S corporations now.

 

See https://www.irs.gov/forms-pubs/about-form-8453-corp

 

https://www.irs.gov/pub/irs-pdf/f8453crp.pdf

5 Replies
Level 15
Feb 1, 2023 3:27:00 PM

It is one declaration form for both C and S corporations now.

 

See https://www.irs.gov/forms-pubs/about-form-8453-corp

 

https://www.irs.gov/pub/irs-pdf/f8453crp.pdf

Returning Member
Mar 6, 2023 4:51:13 PM

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?

Level 15
Mar 6, 2023 5:23:12 PM


@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.

 

New Member
Mar 7, 2023 1:27:58 AM

Thank You for the Reply and Link.

New Member
Sep 14, 2023 9:51:25 AM

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