S Corporation
Form 1120-S filed with defensible officer compensation and K-1s that match your basis schedule.
- Deadline
- March 15 (Sept 15 extended)
- Includes
- Reasonable salary analysis
- Starting at
- $795 flat
What's included
- Form 1120-S prepared and e-filed
- Schedule K-1 for each shareholder
- Reasonable compensation analysis with documentation
- Shareholder basis and distribution tracking
- Late S election relief (Form 2553) where it applies
Who it's for
- Owner-operators paying themselves a salary plus distributions
- LLCs that elected S corporation treatment
- Profitable single-owner businesses looking to cut SE tax
From $795 for a single-shareholder S corp with clean books, plus $75 per additional K-1. Payroll setup can be bundled with our payroll service.
Our process
- STEP 01
Consult
Confirm the election, salary history and distributions.
- STEP 02
Close books
Payroll tied to the books, distributions separated.
- STEP 03
Prepare
1120-S and K-1s built with basis schedules.
- STEP 04
File & plan
E-file, then set next year’s salary target.
What you'll need
Bring what you have. If something is missing we will tell you exactly how to get a copy.
- Form 2553 acceptance letter
- Year-end financials and payroll reports (941s, W-2s)
- Shareholder distribution records
- Prior-year 1120-S and K-1s
- Health insurance premiums paid for owners
Questions about S corp filing
We benchmark against role, hours and industry data, then document the reasoning in your file so the number holds up under examination.
Late election relief is often available for the current or prior year. We file Form 2553 with a reasonable-cause statement.
Distributions up to your basis are not taxed, which is why we track basis every year rather than reconstructing it later.
Ready to hand off the paperwork?
Twenty minutes on the phone is usually enough to know exactly what your return needs and what it will cost.