We are WAAAAY behind on filing our taxes, not only personal, but corporate as well. Just filed the 2004 personal return; still need to take care of 2005 and 2006. The IRS is well aware of the situation and circumstances and is not at all hassling us since we don't OWE them any money. It's just a matter of filing. The business has declined, so we can't afford a 300 dollar a pop accountant to do the 1120S for the corporation. I'm really really trying to learn, and I've gone up against the IRS before and won, but I just don't GET the 1120S and all the associated forms and statements. I'm looking for an online resource that will let me plug in the numbers, since I have our totals, and do the amortization and depreciation and ALL that other stuff that I'm just not willing to devote 6 months of my life to learning the proper procedure and best tools, especially since we don't owe any money and won't get any money back. My question: Does anyone know of any free online 1120S software?
Do you know anything about PRIOR YEAR 1120S "free online tax filing" software?
Only current year's returns can be filed online.
Also besides 1120S, you may need to file State S-Corp franchise and income tax return and S Corporation RECONCILIATION and SHAREHOLDERS INFORMATION Return.
Reply:Not certain how complicated it is, but there are plenty of software packages available...
Reply:For an 1120S $300 is a bargain price. I don't think you are going to find any free software to do this for any year.
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