2020 Federal Tax Forms and Instructions: https://ninasoap.com/categories/2020-federal-tax-forms-and-instructions/

Depreciation Spreadsheet-DSS22821: https://liberdownload.com/downloads/depreciation-summary-spreadsheet-dss22821/

 Schedule K

Schedule B Form 1120S: Answer the question on schedule B. 

Complete Schedule K Form 1120S with the profit or loss from page 1. If you have rental properties, you would enter the profit or loss on Schedule K. Interest income and royalties income would go on schedule K.

Interest expenses and royalties’ expenses would go on schedule K under deductions section.

The video illustrates how to complete Schedule K (Form 1120S for 2020.

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Business Consulting Session: Virtual Group Meeting for Business Owners that need help organizing their business income and expenses and be able to file business taxes themselves: https://liberdownload.com/downloads/category/business-consulting-session/

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