CD 401S S Corporation Tax Return Web 8 22 Fo Form

Instructions and help about form north carolina

i just want to talk to you today about irs form 1120s line by line instructions u.s income tax return for an x corporation don't go anywhere [Music] welcome back folks to another edition of the awesome sweetie kiwi show how are you today i hope you are doing fantastic i'm doing marvelous if you are to ask me if you are doing as terrific as i am go grab a cup of coffee or tea or vodka unless roll in today's conversation i'm going to quickly talk to you about form 1120s and i'm going to give you line by line instructions on how to fill it out and how to file it form 1120s is how as corporations report how much they make to the irs so if your business happens to be an s call or text as one you'll have to file form 1120s as your company's federal income tax return specifically this form tells the irs how much your business earned things like your income deductions and credits so this is actually a five-page form and when a business is taxed as a sole proprietorship its profit and loss is