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Level 1
September 4, 2020
Solved

1120S Q subs

  • September 4, 2020
  • 1 reply
  • 6 views

Does anyone know how to report financials for Qsubs on an 1120S?

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Best answer by PhoebeRoberts

A QSub is a disregarded entity for tax. You just include it with the other activity of the main entity.

1 reply

PhoebeRoberts
Intuit Community Champion
September 4, 2020

A QSub is a disregarded entity for tax. You just include it with the other activity of the main entity.