S Corporation Return (Form 1120‑S)
File your S Corp return and prepare shareholder K‑1s.
Run lean, stay compliant, and keep your K‑1s clean.
Form 1120‑S is the U.S. Income Tax Return for an S Corporation—used by eligible corporations that have elected passthrough treatment. The entity itself generally does not pay federal income tax, but must report income, losses, and other items to each shareholder via Schedule K‑1. At Nuvex, we help S corps file timely and accurate returns, manage basis and distributions, and ensure each shareholder receives a clean K‑1 for their personal filing.
Our Service includes but is not limited to:
- Preparation and e‑filing of Form 1120‑S
- Schedule K‑1s for each shareholder
- Officer wages reporting and reasonable compensation review
- Schedule M‑1/M‑2 and Balance Sheet (Schedule L) if required
- Shareholder capital account tracking (stock basis + loan basis)
- Depreciation, amortization, and fringe benefit reporting
- Bookkeeping cleanup or coordination (if needed)
- One state S corp return (if required)
- QBI deduction analysis (Section 199A)
- Final review session to explain the return and K‑1s
- Optional coordination with shareholders' personal tax preparers
Best for:
S corporation shareholders seeking passthrough treatment
Small business owners paying themselves via W‑2 + K‑1
Founders with multiple shareholders or investor members
S corps with active payroll and clean books
We'll handle the return—so you can keep building.
Book a 1:1 session and let's get your S Corp squared away.