I am filing my final return for my S-Corp but it did not ask me this in the question. How can I mark on my last 1120-S that this is my "final return"

The steps for marking your 1120-S as a final return in TurboTax are as follows:

1. Open TurboTax and navigate to the Business Info section.
2. Select "About Your Business":
   • Click "Continue" /edit on the first screen to confirm your business information.
   • Check the box labeled "The business is closed."
3. Enter the Closing Date:
   • When you get to the question marked "The business closed," click "Date you closed the business" and enter the closing date.
4. Verify the Final Return Box:
   • TurboTax will automatically check the applicable box on Form 1120-S.
   • To ensure the box is checked, go to Tax Tools, then Tools, click on Tax Summary, and then click on Preview my 1120-S to double-check that the final return box is checked on Page 1.

Option 2 - To mark this as your final 1120-S  enter your K-1 for your S-Corp (Form 1120S) in TurboTax, follow these steps:

1. Open TurboTax 
2. Click K-1.
3. On the Schedules K-1 or Q page, select Yes.
4. On the Did you receive any Schedules K-1? page, select Yes.
5. Select Start next to the type of Schedule K-1 form you have, and enter your information.
6. Enter the partnership information such as the partnership name, tax ID number, and address.
7. Enter your ownership percentage and any other relevant details from your K-1 form.
8. Input the financial details from your K-1, including ordinary income or loss, capital gains, and other items listed on the form.
9. Indicate that this is a final K-1 by checking the appropriate box (see screen shot below)
10. Review the summary of the K-1 information to ensure everything matches your form.

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[Edited 03/06/2025 |8:04 pm PST] @info-fenixapparel