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FAQ

For a S Corp, Do I have to file 1040 or 1120S?
Greeting !!!For S Corporation You need to file 1120S  and then after S corporation issue K1 its Part of Individual Income So then you need to file 1040.S corporation is pass through entity.  Be Peaceful !!!
I became an "S" Corp in Nov of last year. Do I have to file both the 100s form and 1120s forms along with my $800 payment?
Yes - you were a legal entity.  By the way you'll owe at least $100 in penalties since the 1120s WAS due on 3/15/16.  You'll have at least 1 k-1 to submit and it is $50 per month or part of a month for late K-1s.
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