Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- S Corp with 4 dba LLC companies
S Corp with 4 dba LLC companies
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
maui doug
Level 3
09-17-2024
02:20 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
My client has a S Corp with 4 dba LLC companies under the S Corp
How do i enter these 4 separate Profit & Loss statements in the 1120S tax return
Labels
3 Comments 3
rbynaker
Level 13
09-17-2024
02:34 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You don't. Assuming these are all single-member LLCs that are disregarded entities I would consolidate them in a spreadsheet first and then enter the totals on the 1120S. These may or may not constitute separate activities for QBI reporting purposes so you might have to do something squirrelly with that.
Rick
