Get 2008 Form 1120s

Unless exempt under section 501, all domestic corporations (including corporations in bankruptcy) must file an income tax return whether or not they have taxable income. Domestic corporations must file Form 1120, unless they are required, or elect to file a special return.

Use Form 1120-S to report the income, gains, losses, deductions, credits, etc., of a domestic corporation or other entity for any tax year covered by an election to be an S corporation.

If your business has an S-corp tax classification status, you must file form 1120S, which is essentially the annual tax return for your business. Use this form to report deductions, gains, income and losses from the business during the current tax year.

Both C and S corporations must file a federal income tax return. C corporations use Form 1120 to calculate their taxes due. S corporations use Form 1120S as an information return. S corporations must also prepare a form 10 K-1 for each shareholder to include with their individual returns.

S corps don't pay corporate income taxes, so there is not really an S corp tax rate. Instead, the company's individual shareholders split up the income (or losses) amongst each other and report it on their own personal tax returns.

Schedule K-1 (Form 1120S) is a source document that is prepared by a corporation as part of the filing of their tax return (Form 1120S). ... The K-1 reflects a shareholder's share of income, deductions, credits and other items that the shareholder will need to report on their individual tax return (Form 1040).

Form 1120S can be downloaded straight from the IRS website. It's also available through most tax filing software programs.

In order to file non-individual/business forms (1120C, 1120S, 1065, etc.) you would need TurboTax Business, not TurboTax Home and Business. You would need separate software, one for your individual return, one for your business return.