Skip to main content
April 9, 2024
Question

s corporation

  • April 9, 2024
  • 1 reply
  • 0 views

I have an S corporation, 100 percent sole proprietor. I had those taxes done with an accountant, but decided to do my personal taxes myself this year. I'm trying to input Schedule k-1 info, but I have few boxes filled in. For 2023, there was no income, and no wages paid out. But its difficult to keep going  with my taxes, as I keep being asked for information I  don't have.

    1 reply

    April 10, 2024

    If there was no income or deductions reported on the K-1 schedule it would be OK to not enter it on your tax return.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"