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Corporate returns: Form 1120 and Form 1120-S

C-Corporations file Form 1120 and pay tax at the company level. S-Corporations file Form 1120-S and pass income to their shareholders. We prepare both.

  • C-Corps and S-Corps
  • K-1s for S-Corp shareholders
Two kinds of corporation

Form 1120 compared with Form 1120-S

Form 1120Form 1120-S
Who filesC-CorporationsS-Corporations
Who pays taxThe corporation, at 21% federalUsually the shareholders, through K-1s
Usual due date15 April (calendar year)15 March (calendar year)
Foreign ownersAllowed. 25% foreign-owned corporations add Form 5472Non-resident aliens can’t be shareholders
Our process

How we prepare your corporate return

  1. Books check

    We review your income, expenses and balance sheet.

  2. Adjustments

    We make the tax adjustments your return needs.

  3. Forms and K-1s

    We prepare the return and any K-1s.

  4. Review

    You approve before filing.

  5. File

    Federal and state returns filed.

Pricing

Corporation tax return

  • Form 1120From $179
  • Form 1120-SFrom $179

Final price depends on activity and schedules.

Required documents

What you need for Tax filing

Prepare these before you apply. Exact requirements depend on your situation, and we confirm them with you.

Documents

  • Prior-year returns, if any
  • Income records: W-2s, 1099s, 1042-S or platform reports
  • Bank statements for the business
  • Expense receipts and records

Information you’ll provide

  • SSN, ITIN or EIN
  • Residency status and days in the US
  • Entity type and ownership
  • Owner contributions and withdrawals (for Form 5472)
  • The return you need depends on your residency and entity type.
  • Some returns can’t be e-filed and are sent by mail or fax.
  • Upload documents securely in your client portal or send them to us on WhatsApp.

Need your corporate return filed?

Send us your entity type and year-end and we’ll reply with a checklist.

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