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April 4, 2025
Question

1120 form vs 1120H form?

  • April 4, 2025
  • 1 reply
  • 0 views

Can anyone tell me why turbo tax would have me do a 1120 form instead of an 1120-H form for a condo association that I have done for the last 2 years?

    1 reply

    April 4, 2025

    Form 1120-H is included in TurboTax Business, but not any of the individual income tax preparation programs. Further, in TurboTax Business the form needs to be prepared manually in Forms Mode (which means you are probably better off downloading and preparing the form yourself).