Hello,

I need help understanding 1120s. I am trying to understand the state of a business and have past three years 1120s.

I understand its no small task, but your advice will greatly appreciated

K

K:

What you ask is not possible on a forum of this nature.

Form 1120S is the corporate tax return for a subchapter S corporation. This is a very complex tax return that would require face-to-face contact to adequately explain.

Suggest you contact an enrolled agent to help you with this task. You can find one listed in your local Yellow Pages.