1120-s form in turbo tax

Forum|Forum|1 year ago
February 8, 2025
1 reply
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hello

where can i find and file form 1120-s in turbo tax?

thank you!

TurboTax Home & Biz Windows

Best answer by DoninGA

@flmgrip The Home & Business edition will accept a Schedule K-1 from the 1120-S. But it cannot be used to complete a Form 1120-S. That can only be accomplished using the TurboTax Business edition.

DoninGA

Employee

The S Corporation tax return, Form 1120-S, is only included in the TurboTax Business Edition.

The Business Edition can only be installed on a Windows based personal computer, not online or on a Mac.

The Business Edition cannot be used to complete a personal tax return, Form 1040.

Go to this TurboTax website to purchase and download the 2024 Business Edition - https://turbotax.intuit.com/small-business-taxes/cd-download/

flmgripAuthor

thank you!

so the return for my s-corp is completely separate, and then I enter the form k-1 on my personal 1040 return, correct?

does the home & business edition not include filing for 1120-s?

thank you for your help!

DoninGAAnswer

Employee

@flmgrip The Home & Business edition will accept a Schedule K-1 from the 1120-S. But it cannot be used to complete a Form 1120-S. That can only be accomplished using the TurboTax Business edition.