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Get And Sign Irs Instructions Form 1120s 2017

Get and Sign Irs Instructions Form 1120s 2017

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Substitute Forms approval to use a substitute Schedule K-1 if it is an exact copy of the IRS schedule. Order within 10 business days. Use Form 1120S to report the income gains losses deductions credits and other information of a domestic corporation or other entity for any tax year covered by an election to be an S For details about the election see Form Corporation and the Instructions for Form 2553. 1120S if a it elected to be an S corporation by filing Form 2553 b the IRS accepted the...

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Video instructions and help with filling out and completing Get And Sign Irs Instructions Form 1120s 2017 Form (US Passport Application) - Complete and Sign Online

hey what's up guys this is Josh with CPA on fire and today we're going to look at how to fill out form 1120s which is the tax return for S corporations okay so the only people that would be using this form are people who have made an election to be taxed as an S corporation so we'll look at the beginning here you just go over the basic info part a wants to know your s lection effective date this will probably be January 1st of whatever year you made the election okay so let's assume that it was for this year all right so one 114 Part B wants to know your business activity code and this is just a code that describes what you do in your business you can find these online if you google tax code or a business activity codes it'll be a list from there for you there's tons and tons of them so you'll have to sort through and find yours ID you're using tax software it's probably going to give you a choice of them so for now it's a six digit code we're just going to use the one for other busine

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