As the deadline quickly approaches we have put together some resources for the most commonly asked questions to help get you through. For important information to see when the returns are due see Deadline and Perfection Periods
Most common answers:
- Having trouble balancing Schedule L, see Balance sheet is out of balance
- Below the minimum filing requirements for Schedule L, see How to suspend the balance sheet
- Questions on Qualified Business Income, see Generating the required QBI statements
- Check for known delays with e-file here: Delayed acknowledgements
- 1120S distributions being limited to zero, see Distribution in excess of retained earnings.
- Need to do special allocations, see How to enter special allocations to partners on Form 1065.
- Correcting an already filed 1120S, see How do I amend a Federal or State return for an 1120s.
- For information on Foreign Taxes, see Generating the Schedules K-2 and K-3.
- For general partnership information, see General Information about Form 1065 in ProSeries Professional.
- For general s-corporation information, see General Information about Form 1120S in ProSeries Professional.
- If you need assistance attaching PDF’s to your e-filed returns: Adding PDF attachments.
