LLCs and S corps

Questions

Call +1 954-872-1490 · support@businesstaxesnearme.com

Call only. This number does not send texts.

Do you prepare the 1120-S?

Not in this product. We prepare the owner’s individual return and label the pass-through figure as simplified. The entity return is a separate engagement.

Why is expert review required?

It is not required for a Schedule C. S corps and partnerships stop because this desk does not prepare Form 1120-S or Form 1065. Preparer review for every other return is off unless the desk turns it on.

What does it cost?

Expert review is $249 for the individual return. That is the highlighted tier on this site.

What it feels like

Single-member LLC

Disregarded for tax. Profit lands on Schedule C, with self-employment tax.

S corp with a paycheck

Reasonable wages stay on the W-2. The rest is pass-through and is not taxed again as self-employment.

A partnership K-1

We carry a simplified ordinary number to the 1040 and say, plainly, that the 1065 is a separate return.

Illustrative scenarios. These are not customer reviews.