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June 3, 2019
Question

Hi There. Do I send Schedule K-1 at the same with form 1120S? Also, the same would be applied with sending Schedule K-1 with the form 1040 for personal tax filing? Thanks

  • June 3, 2019
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1 reply

June 3, 2019
Yes - The K-1s are filed along with the S-Corp return (1120S).
No - The K-1s do not have to be attached to the 1040. 
You should only attach your Schedule K-1 if there was an amount of income tax withheld and remitted to the IRS or state on your behalf.  Otherwise, no need to attach the K-1.