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S-corp formed and based in FL - does it require to file any

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year end tax forms (besides...
S-corp formed and based in FL - does it require to file any year end tax forms (besides annual report)? Such as F-1120?
Submitted: 2 years ago.Category: Tax
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Answered in 8 minutes by:
10/11/2015
Tax Professional: Lev, Tax Advisor replied 2 years ago
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 30,711
Experience: Taxes, Immigration, Labor Relations
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Yes - for the first year - when you elect S-corporation tax treatment - the form F-1120 is required (you need to fill the informational portion of Form F-1120).
In following years, you are required to file Florida Form F-1120 ONLY if the S Corporation has federal taxable income.

If there is no federal taxable income - filing is not required.

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Tax Professional: Lev, Tax Advisor replied 1 year ago

For specific filing requirements - see here

http://dor.myflorida.com/dor/taxes/corporate.html

Who Must File?

S corporations that pay federal income tax on Line 22c of federal Form 1120S

.

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