S-Corporation Tax Return Intake Form

      Form 1120S - New & Returning Client Questionnaire

      Entity Information
      New clientReturning client
      CashAccrualOther
      Shareholders

      List all shareholders, ownership percentage, and shares held. Total ownership must equal 100%.

      Shareholder Name SSN % Ownership Address / Phone
      Prior Year & Reference Documents
      Prior year 1120S returnPrior year K-1sForm 2553 (S-election) confirmationEIN confirmation letterBank statements (12 months)General ledger / trial balancePayroll reports (W-3, 941s)Articles of incorporation / bylaws
      Income
      Received any 1099-K/1099-NEC/1099-MISCInterest or dividend incomeRental incomeGain/loss on sale of assets
      Officer Compensation & Payroll

      The IRS requires shareholder-employees performing services to receive reasonable W-2 compensation.

      Payroll was run through a payroll serviceHealth insurance premiums paid for shareholder-employees
      Expenses - Check All That Apply
      Salaries & wages (non-officer)Rent expenseContract labor/1099 contractorsEmployee benefit programsInsuranceProfessional fees (legal/accounting)Interest expenseDepreciable asset purchasesSection 179/bonus depreciation electionTravel & mealsOfficer life insuranceOther deductions
      Balance Sheet Information
      Shareholder Distributions & Basis
      Shareholder Name Capital Contributed Distributions Taken Loans to/from Shareholder
      Other Questions
      Any change in ownership percentages this yearAny new shareholders admitted or shareholders who leftVehicle used for business (need mileage log)Built-in gains or passive income concerns (prior C-corp)
      Signature
      By signing, you confirm the information provided is accurate and complete to the best of your knowledge.