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 Txr 020 04  Form 2009

2009-2025 Form

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Instructions and help about Txr 020 04 Form

for this video we want to go through a sample form 1120s for the 2023 tax year now for this example we're going to be working with a lawn care and landscaping business that was set up in 2022 so we have a video from last year when it was an initial year return so this is the second year return for that business so I've got the 1120s here in full which we'll go through uh includes the k1s and all the other uh statements and forms that are required and then we do have for reference a copy of last year's return so this is the 20122 return for this business notice it's marked as an initial year return for the S corporation so we'll reference that as well and then we do have the financial statements for the company for 2023 so the financial statements include the profit and law statement here on the left and then the balance sheet on the right and we do have a book to tax reconciliation here for any book tax adjustments that are going to be ne

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