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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 OMB 3235Check this box if no STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF longer subject to Section 16.
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S Robert Kay refers to the IRS Form 1120-S, which is used for S corporations to report income, deductions, and other tax information.
S corporations must file Form 1120-S, and any entity that has elected S corporation status must file this form annually.
To fill out Form 1120-S, gather financial information for the business, report income and deductions, complete the relevant sections, and ensure all required schedules and forms are attached.
The purpose of Form 1120-S is to report the income and expenses of an S corporation to the IRS and to inform shareholders about their share of the income, deductions, and credits.
Form 1120-S requires reporting of gross receipts, cost of goods sold, deductions for expenses, tax credits, and any distributions to shareholders.
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