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Since you have a corporation you will need to file your corporate taxes by using form 1120
I will send you the link
Also once you are done with your corporate taxes then you will have form K1 this form is the one that you will need to file your personal taxes
I was asking for personal return form
The Form K1 will flow to your personal taxes (1040 form) once you enter the information from the K1
is it 1040?
My fiscal year ends on July 2013
Yes, the K-1 will flow to your 1040 line 17
k1 is referring to one year. It -2013- is NOT over yet
Since your fiscal year ends on July 2013 you will need to file for an extension for your personal taxes and corporate taxes
The owner will die soon due to the double lung cancer stage 4. can I ask extension for him?
he is 40 yrs old
Yes, you can ask for an extension just make sure you have a power of attorney but since you said you are the only officer you can make that decision
I'm so sorry to hear that.
no, he is the only officer. i was doing accounting
You can request the extension and then the estate can take over if he has a will in place
thanks for your kindness. he has a 2 yr old son and the girlfriend is kinda out of space.. i will see K1; shall be negative (he gave $ to the C Corp)
I'm sorry and tell his family to be strong!
thanks good night
Have a great evening
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