1120-S INFORMATION WORKSHEET

[HOPE2]

Hi to all. On 1120-S when reach part VI asks number of employee w2s issued for 2022. My question is, if S-Corp has 2 shareholder employees who got reasonable comp with w-2 and 5 non-shareholder employees this number would be 7 or 5?

Also, asks for some returns required to be filed like 940 or 941, it means along with this 1120-S or forms which already filed timely by payroll provider? Should mark 940 or 941?

Thanks for your help.

[Jim-from-Ohio · Accepted solution]

7 employees to your first question.

Second question.. 940/941, refers to returns already filed or will be filed. 

[HOPE2]

Thanks a lot