Form 1120-S - U.s. Income Tax Return For An S Corporation - 2016 Page 2

Download a blank fillable Form 1120-S - U.s. Income Tax Return For An S Corporation - 2016 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form 1120-S - U.s. Income Tax Return For An S Corporation - 2016 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

2
Form 1120S (2017)
Page
Schedule B
Other Information (see instructions)
Yes No
1
a
b
Check accounting method:
Cash
Accrual
c
Other (specify)
2
See the instructions and enter the:
a Business activity
b Product or service
3
At any time during the tax year, was any shareholder of the corporation a disregarded entity, a trust, an estate, or a
nominee or similar person? If "Yes," attach Schedule B-1, Information on Certain Shareholders of an S Corporation .
.
4
At the end of the tax year, did the corporation:
a Own directly 20% or more, or own, directly or indirectly, 50% or more of the total stock issued and outstanding of any
foreign or domestic corporation? For rules of constructive ownership, see instructions. If “Yes,” complete (i) through (v)
below .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
(v) If Percentage in (iv) is 100%, Enter the
(ii) Employer Identification Number
(iii) Country of
(iv) Percentage of Stock
(i) Name of Corporation
Date (if any) a Qualified Subchapter S
(if any)
Incorporation
Owned
Subsidiary Election Was Made
b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in the profit, loss, or
capital in any foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a
trust? For rules of constructive ownership, see instructions. If “Yes,” complete (i) through (v) below .
.
.
.
.
.
.
(ii) Employer Identification Number
(iv) Country of
(v) Maximum Percentage Owned in Profit,
(i) Name of Entity
(iii) Type of Entity
(if any)
Organization
Loss, or Capital
5 a At the end of the tax year, did the corporation have any outstanding shares of restricted stock? .
.
.
.
.
.
.
.
If “Yes,” complete lines (i) and (ii) below.
(i)
Total shares of restricted stock.
.
.
.
.
.
.
.
.
.
(ii)
Total shares of non-restricted stock .
.
.
.
.
.
.
.
b At the end of the tax year, did the corporation have any outstanding stock options, warrants, or similar instruments?
.
If “Yes,” complete lines (i) and (ii) below.
(i)
Total shares of stock outstanding at the end of the tax year
(ii)
Total shares of stock outstanding if all instruments were executed
6
Has this corporation filed, or is it required to file, Form 8918, Material Advisor Disclosure Statement, to provide
information on any reportable transaction?
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
7
Check this box if the corporation issued publicly offered debt instruments with original issue discount .
.
.
.
If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount
Instruments.
If the corporation: (a) was a C corporation before it elected to be an S corporation or the corporation acquired an
8
asset with a basis determined by reference to the basis of the asset (or the basis of any other property) in
the hands of a C corporation and (b) has net unrealized built-in gain in excess of the net recognized built-in gain
from prior years, enter the net unrealized built-in gain reduced by net recognized built-in gain from prior years (see
$
instructions) .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
9
Enter the accumulated earnings and profits of the corporation at the end of the tax year.
10
Does the corporation satisfy both of the following conditions?
a The corporation’s total receipts (see instructions) for the tax year were less than $250,000 .
.
.
.
.
.
.
.
.
.
b The corporation’s total assets at the end of the tax year were less than $250,000
.
.
.
.
.
.
.
.
.
.
.
.
If “Yes,” the corporation is not required to complete Schedules L and M-1.
11
During the tax year, did the corporation have any non-shareholder debt that was canceled, was forgiven, or had the
terms modified so as to reduce the principal amount of the debt?
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
If “Yes,” enter the amount of principal reduction $
12
During the tax year, was a qualified subchapter S subsidiary election terminated or revoked? If “Yes,” see instructions .
13 a Did the corporation make any payments in 2017 that would require it to file Form(s) 1099? .
.
.
.
.
.
.
.
.
.
b If “Yes,” did the corporation file or will it file required Forms 1099?
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1120S
Form
(2017)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 5