INSTRUCTIONS: U.S. INCOME TAX RETURN FOR AN S CORPORATION (Form 1120S)

A form 1120S should be filed by an S Corporation to file its federal income income taxes if it has filed or will file a form 2553 electing to be an S Corporation. This document can be obtained from the website of the Internal Revenue Service.

U.S. Income Tax Return For An S Corporation 1120S Step 1: Enter the beginning and ending dates of your fiscal year if not filing for the calendar year preprinted on the form.

U.S. Income Tax Return For An S Corporation 1120S Step 2: In box A, enter your S election effective date.

U.S. Income Tax Return For An S Corporation 1120S Step 3: In box B, enter your business activity code number.

U.S. Income Tax Return For An S Corporation 1120S Step 4: Check the box in box C if a schedule M-3 is attached.

U.S. Income Tax Return For An S Corporation 1120S Step 5: Enter your employer identification number in box D.

U.S. Income Tax Return For An S Corporation 1120S Step 6: Enter the date you were incorporated in box E.

U.S. Income Tax Return For An S Corporation 1120S Step 7: Enter your total assets in dollars in box F.

U.S. Income Tax Return For An S Corporation 1120S Step 8: In the box where indicated, enter your business name and address.

U.S. Income Tax Return For An S Corporation 1120S Step 9: Line G asks if you are electing to be an S corporation beginning this year. Check "Yes" or "No" as applicable.

U.S. Income Tax Return For An S Corporation 1120S Step 10: Check the box next to any statements on line H which apply to this return.

U.S. Income Tax Return For An S Corporation 1120S Step 11: On line I, enter the number of shareholders who were shareholders during any part of this tax year.

U.S. Income Tax Return For An S Corporation 1120S Step 12: Complete lines 1 through 27 as directed. Sign and date the bottom of the page.

U.S. Income Tax Return For An S Corporation 1120S Step 13: Document other information in Schedule B on the second page as directed and complete all other included supplemental information as applicable.