I must say this has got to be the most detailed 1120 & K1 breakdown I have watched.
@ohsotrue032 жыл бұрын
If I could like this 100x I would. THANK YOU. I have watched a LOT of videos on the 1120s and the k-1 and this one is the most detailed...with EVERYTHING...and easily understood!!! I appreciate you.
@anupambarua7 күн бұрын
Awesome presentation. I am lucky to watch this great video. Thank you so much !!!
@toyaa3352 Жыл бұрын
Thank you very much for your generosity, your time, and all the valuable information.
@alexcolombu1025 Жыл бұрын
Taxes are easy folks. Just get some books that EA -Enrolled Agents get and study. Soon you will be more competent than the dummies at the IRS, HnR whack, Turbolacks, Jackson Screw it, and the rest of em.
@gleidismazo92502 жыл бұрын
Thank you!!! I love the video. I got answers to my questions. I will keep watching your videos!!!
@HandsOnRealEstate Жыл бұрын
I M so grateful for this video. I’ve been waiting to understand my returns better for so long ! What is Halon, an app?
@GUITSY13 жыл бұрын
Thanks for sharing this Information it was helpful. One question , If the Business never started , do I put zero in all the boxes? How may of the 11 do I file?
@tonypascente4794 Жыл бұрын
I own 4 companies where 1 of them (service company) is where the payroll is done. All employees are in the other 3 companies where employees work for all 3 companies so there is an allocation. The 3 companies fund the payroll to the company that does the payroll. All taxes are paid by the service company including Form 941 etc. How should the other 3 companies include the amount that they pay to the service company in their tax returns (1120s), Salary broken down with payroll taxes etc? or should that be considered a management fee and all the salaries and payroll taxes shown by the service company in that 1120s filing?
@Axel-vt8no Жыл бұрын
If I was going to calculate total assets on page 1, how would I do so? Thanks in advanced!
@aaronsweet80324 жыл бұрын
Thanks for video, helped put my toddler to sleep :) informative too
@valleygrove22094 жыл бұрын
Thank you for sharing this with us. Much appreciated. How do you carry over a loss from a prior year (LLC / S corporation) into the 1120-S? Please advise. Thank you again.
@mohammedhafiz79674 жыл бұрын
Thanks for the video!
@KamalSharma-yc6of3 жыл бұрын
this is so important info. Do you similar for Ccorp video?
@gleidismazo34262 жыл бұрын
Great video!!!! Thank you!!!
@helenropalo78083 жыл бұрын
This was so helpful!!
@mrsteel102135 жыл бұрын
what do we awnser on 10 on schedule b form . i see you marked it no
@kecharakittie4 жыл бұрын
Loved this! Extremely helpful and insightful. Thank you for sharing!
@mickstreeter37284 жыл бұрын
Very nice and spot on. Thank you for producing such an excellent series.
@inezbsmith3 жыл бұрын
Thank you for the refresher course on 1120s now I'm able to do a friend taxes that just became a Scorp
@marquez14695 жыл бұрын
Thank you for share your knowledge
@abits-taxes2 жыл бұрын
Where can I put loss carryover on the 1120s?
@blmt443 жыл бұрын
If you k1 says have a w 2 form what does the mean to you.
@NityaVink3 жыл бұрын
Amazing. I learned so much. Wow. Thank you.
@upishararuwan18814 жыл бұрын
Great video & very helpful. Thank you!
@jocelynstrong2 жыл бұрын
Hi Halon Tax. This video was amazing and so helpful. I have one question, I have two officers who only took distributions during the year. I report this on line 7 compensation of officers, but do I also report it on Schedule K 16d? Thanks!
@markkile82152 жыл бұрын
If the shareholders only took distributions, then no amount is counted as compensation of officers as wages, The only amount that goes there are the wages that were reported on Forms W2
@markkile82152 жыл бұрын
If the shareholders only took distributions, then no amount is counted as compensation of officers as wages, The only amount that goes there are the wages that were reported on Forms W2
@kingnuggo95782 жыл бұрын
If I put Gas into the other deductions account, will I still be reimbursed? First time filer here. I want to get as much $$ reimbursed on my expenses as possible. I do mobile detailing, so the gas reimbursement is big for me. How would I go about that?
@ramzeyj714210 ай бұрын
How can I download it ?
@donttread54144 жыл бұрын
"Foreign Transactions" in line 14 confuses me. Some of my income is sources from Canada.
@christalmarotta85352 жыл бұрын
Where is the download section?
@jacquereddick30564 жыл бұрын
This was VERY helpful
@ketocutie29813 жыл бұрын
What happened to the balance due?
@roselouissaint14333 жыл бұрын
thank you so much
@smills725 жыл бұрын
this was so helpful, thank you!!
@myfeedback5724 жыл бұрын
Splendid!
@huetien583 жыл бұрын
In quarter 1 2020, I have only month #3 50% declined, am I qualified for quarter
@mariateran2214 жыл бұрын
I like this!
@henrygutierrez72893 жыл бұрын
One question: a corporation was formed on June last year (2020, and no 2553 was filed). Could I file the 1120S now (February 2021) and include the form 2553 with it?
@inezbsmith3 жыл бұрын
Yes you can
@pd57745 жыл бұрын
Most of it was good, however, he blew through the 4562 form and only explained 2 lines of it. My return has a 9 lines of information on that form. It would have been nice if he had walked us through the entire form
@aclegacy74 жыл бұрын
Hi guys I was wondering if you have an extra time right now to help me out to file my client S Corp please let me know ASAP!!!!!!!!
@muhammaddfaheem45664 жыл бұрын
sir can you do e - file?
@walkinwonders50133 жыл бұрын
how to submit 1020 form anyone let me know as soon as possible