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March 5, 2025
Question

SOLE MEMBER OF AN S CORP

  • March 5, 2025
  • 1 reply
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HELLO

need a little help please. I am the sole owner of an s corp after i filed the 1120s the k1 net income can i add it into my personal tax as a schedule C if not where do i enter that income in the 1040

    1 reply

    March 5, 2025

    When you enter the K-1 information, Box 1 income is reported on page 2 of the Schedule E .