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View this page to find answers to common questions on estimated tax payments. See here for more info.
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- Re: 1120S Where do I enter the Gross Receipts for the last 3 years
1120S Where do I enter the Gross Receipts for the last 3 years
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AmitaR
Level 1
01-28-2024
04:04 PM
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Schedule K-1 Box 17
1 Comment 1
itonewbie
Level 15
01-28-2024
09:31 PM
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Box 17, Code AC shows the CY amount, not the amounts for the last 3 years.
If you are looking for input fields for the last 3 years' gross receipt, those are found under General > Miscellaneous Information, on the Miscellaneous tab, under the Other Information (Schedule B) section, under the heading Business Interest Expense and Gross Receipts (-1 if not in existence). General > Miscellaneous Information is kinda an odd place for these entries.
These entries will trigger the Y/N response for 1120-S, Sch. B, Box 10.
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