S Corp form 1120S
TurboTax wants me to enter the S Corp form 1120S. However I do not have an S Corp or form 1120S. I do have form 1041 (K-1) which I entered. Should I just leave the fields for 1120S blank?
TurboTax wants me to enter the S Corp form 1120S. However I do not have an S Corp or form 1120S. I do have form 1041 (K-1) which I entered. Should I just leave the fields for 1120S blank?
Yes, if you do not have an IRS form K-1 (1120S) to report, leave the fields blank.
If you have inadvertently started the IRS form K-1 (1120S) and see the form at the screen S Corporation K-1 Summary, select the Delete trashcan to remove the entry.

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