Many S corporation returns fall somewhere in the middle in terms of complexity––not simple and routine, but not overly complicated. In those instances, use this checklist as a tool to help prepare moderately complex S corporation tax returns (Form 1120-S, U.S. Income Tax Return for an S Corporation).
This checklist is an abbreviated version of the AICPA Tax Section’s Annual Tax Compliance Kit’s Form 1120-S long checklist.
The template is available as a fillable PDF and in Word (for