Tax Services
Similar to a partnership, S corporations must file an annual tax return on Form 1120S. The S corporation provides Schedule K-1s that reports each shareholder’s share of income, losses, deductions and credits. The shareholders use the information on the K-1 to report the same thing on their separate tax returns.
2021 Partner’s Instructions for Schedule K-1 (Form 1065)
2021 Instructions for Schedule K-1 (Form 1041) for a Beneficiary Filing Form 1040
2021 Shareholder’s Instructions for Schedule K-1 (Form 1120S)
2020 Partner’s Instructions for Schedule K-1 (Form 1065)
2020 Instructions for Schedule K-1 (Form 1041) for a Beneficiary Filing Form 1040
2020 Shareholder’s Instructions for Schedule K-1 (Form 1120S)