How to File Form 1120-S for 2022 - Lawncare Business Example
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- Опубліковано 12 бер 2023
- How to fill out Form 1120-S for the 2022 tax year. For this video tutorial, we have an S corporation operating a landscaping and lawncare business.
The S corporation is owned by two shareholders. One shareholder actively participates in the business, while the other shareholder is a passive investor.
The Form 1120-S example includes reporting the Work Opportunity Tax Credit (IRS Form 5884) and the Federal Fuel Tax Credit (IRS Form 4136). Unlike the Form 1065 reporting, the Form 4136 fuel tax credit is reported and refunded at the company level.
For more 2022 tutorials on Form 1120-S, please see the following playlist:
• Form 1120-S (S Corpora...
For other form tutorials that might be applicable to your return, check our videos here:
S Corp Health Ins: • How to Deduct Health I...
Schedule B-1 Disclosure: • Form 1120-S Schedule B...
Form 8869 Q Sub Election: • How to Prepare IRS For...
How is Income Allocated? • How Is Income Allocate...
S Corp Debt Forgiveness: • S Corporation Debt For...
S Corp Restricted Stock: • S Corporation Restrict...
Deducting Business Gifts: • Can Business Gifts Be ...
Did your S corp election terminate? • Inadvertently Terminat...
For a larger database of tutorials, please visit our website and search for your question:
knottlearning.com/
DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.
#IRS #Form1120S #Scorporation
Very helpful. The instructions for M-1 and M-2 from the IRS are terrible, and this clears up my questions.
Glad it was helpful!
Excellent. Thank you
Glad it was helpful!
I am ready to pay 💰 for detailed classes. Let me know when the website is up and running.
This is a great video!! Thank you very much you are very knowledgeable 👏
Thank you. Excellent tutorial. Facts were clearly explained.
This is a great video.
Thank you so much for the lectures. How about payroll to officer or keeping some operating fund in the account?
Thank you! Could you make your spreadsheet forms available for purchase?
Thanks for the great video. If the vehicle is not titled to the business and is expensed (including SL depreciation) through an accountable plan, then does it still need to go on the 4562?
Can you do a s corp return with a shareholder loan
I have a question why did my account person put mind and my husband's income as other income and also put it on the return