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April 29, 2025
Question

Ensure that the income for 1120S is properly categorized and any related deductions are accounted for

  • April 29, 2025
  • 1 reply
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description of Other Income, line 8, form 1120S

    1 reply

    April 29, 2025

    Other income is line 5 on the 1120-S form and you should enter any income there that isn't included in your earlier income entries.  Things like refunds for expenses claimed on prior year returns and the like go there.

     

    @SSEXTON2 

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