In TurboTax Business, shareholder's names are entered all in one line (not separated into first/middle/last text fields). Thus TurboTax interprets on it's own what is first/middle/last name which is an issue if it does it incorrectly. For example, First Name: Jane Last Name: Doe Dee We enter shareholder name as "Jane Doe Dee" in TurboTax Business at the beginning on a single line when it asks, then review the schedules where the name is displayed. On the Schedule K-1 for 1120S Federal Income Tax Return for an S Corporation, the name is placed on the form all together just as it is entered (ex: "Jane Doe Dee") so it "looks" fine. On the California S Corporation Franchise/Income Tax Return (100S), the shareholder name on the Schedule K-1 is split, with "Jane Doe" being on the left, and "Dee" being far out on the right. What it currently says (incorrect): "Jane Doe Dee" It should be: "Jane Doe Dee" Question 1: Does it even matter? If this page is only relevant to pass on to the shareholder/CPA to do personal taxes, then maybe this doesn't matter. But if the State uses/compares the last name to a SSN, then it would be an issue. Question 2: If it "does" matter, how can I make TurboTax identify the 2 last names as last names? It works when I put a hyphen between the two last names, but I don't want to introduce hyphens if it isn't a part of the legal name.
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ADP has a lot of tax forms generated in its "Tax Documents" section. Can you be more specific about which form we should be looking at to find the total payroll taxes paid on the business side (not out of employee compensation)? I'm unsure if I can just look at the annual form (regular 944?) or if I have to go through and add up from each quarterly form (regular 941?). And then, is there a specific line we should be looking at for the employer taxes? It's possible to imply from the numbers, but any input on if there was a known line to look at would be helpful and make me feel more confident. While forms change throughout the years, let's say this is for 2018 ADP forms.
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