The profit and lost are past through to the owner's 1040, does a Schedule C still need to be filled out?
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"Elected S-Corp" means someone has to prepare the 1120S.
"The profit and lost are past through to the owner's 1040"
Then, shareholders get a K-1.
It seems your client is not Independent, but an employee of this S Corp. There should be Payroll and a K-1 for this business and their relationship to it.
You don't use the K-1 to prepare a Sched C for the same business activity.
"Elected S-Corp" means someone has to prepare the 1120S.
"The profit and lost are past through to the owner's 1040"
Then, shareholders get a K-1.
It seems your client is not Independent, but an employee of this S Corp. There should be Payroll and a K-1 for this business and their relationship to it.
You don't use the K-1 to prepare a Sched C for the same business activity.
Thanks for resolving the issue with my clients 1040.
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