TaxACT walks you through your S Corporation return! Your satisfaction is guaranteed or your money back.
Available for Download or CD2
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.
- 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.
- TaxACT Import transfers vital personal data from last year's tax return, including AGI/PIN, that is required to match IRS records in order to e-file.
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, For a complete list please see the Forms and Schedules Chart.
- 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 $14.95, or get the All-States Edition for just $59.95. State editions are available for AZ, CA, FL, GA, IA, IL, IN, MN, MO, NC, NY, PA, SC, VA, WI.
TaxACT Business 1120S Edition supports up to 100 shareholders.
** TaxACT Business 1120S allows you to prepare one 1120S tax return only.