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Business 1120S - S-Corporation Tax Software

TaxACT 2007 Business 1120S

Tax year 2007 software for Windows

  • Download - $39.95
  • CD-ROM - $39.95*

Uniquely suited to preparing your S Corporation return!

Make preparing and filing your Form 1120S tax return easy for your corporation. TaxACT Business 1120S walks you through your S Corporation return, automatically calculating and filling in the tax forms while allocating & updating Schedule K-1 items as income changes. Contains powerful depreciation reports, loan & savings calculators, and more.

Key Highlights:

  • Uniquely Suited to Preparing Your S Corporation Return - Prepare one Form 1120S return with the same versatility & efficiency you've enjoyed in TaxACT Deluxe.
  • Does the Work for You - Just answer simple, plain-English interview questions and TaxACT automatically calculates and enters your data into the appropriate tax forms.
  • Automatic Partner Allocations - All Schedule K-1 items are automatically allocated and updated as the business's income changes.
  • Depreciation Reports - Print a list of depreciable assets, including this year's depreciation and accumulated depreciation. Or, print a report detailing next year's depreciation.
  • Loan and Savings Calculators - Effortlessly compute loan payments or the future value of savings deposits, then print amortization and accumulation schedules.
  • Seamlessly Integrates with State 1120S Returns - For only $14.95, your federal information will be automatically transferred & calculated by the state software - no need to re-enter your data!  Learn more about TaxACT State 1120S.
  • And Much More!  See all features & benefits.

Packed with features to make taxes fast & easy:

  • Custom return printing - Print multiple copies of a return at once. Plus, you can print individual forms.
  • Multiple occurrences of supporting forms - No sweat! TaxACT allows you to enter multiple copies. If you had multiple rental properties during the year, it's no problem for TaxACT!
  • Contains the Forms and Schedules you need, including forms 1120S, 4562, 4797, 6252, 7004, 8825, and schedules A, B, D, K, K-1, L, M-1, & M-2.
  • Automatic Partner Allocations - All Schedule K-1 items are automatically allocated and updated as income changes.
  • Password protection - Keep your data safe from others who may have access to your computer.

Powerful analysis reports and calculators at your fingertips!

  • Depreciation reports - Instantly print a complete list of your depreciable assets, quoting depreciation for the current year, as well as accumulated depreciation. Or, get a report detailing next year's depreciation. Sort either report by asset name or date acquired.
  • Loan and savings calculators - Effortlessly compute loan payments or the future value of savings deposits, then print amortization and accumulation schedules.

TaxACT State 1120S makes preparing your state return a snap!

  • TaxACT State 1120S Edition integrates seamlessly! Add any TaxACT State 1120S Edition, and your federal information will be automatically transferred and calculated by the state software. No need to re-enter all that data! Purchase your state for only $13.95, or get the All-States Edition for just $51.80. State editions are available for .

TaxACT Business 1120S Edition supports up to 100 shareholders.

Start Now!  Add Business 1120S to cart - $39.95:    Add to Cart

* CD-ROM Orders: Add $5.95 for shipping

TaxACT 2007 Business 1120S allows you to prepare one 1120S tax return only.

Add a State 1120S Return: