Form 1120 S

Use this skill when a corporation or LLC with an accepted S election must prepare its annual federal return, Form 1120-S, including Schedules B, K, L, M-1, M-2 and a Schedule K-1 for each shareholder. Triggers on phrases like "Form 1120-S", "1120S", "S corp tax return", "S corporation return", "file my S corp taxes", "Schedule K-1 for my S corp", "officer compensation line 7", "AAA Schedule M-2", "do I need Schedule L", "S corp distributions on the return", "K-2 K-3 domestic filing exception". Do NOT use for a C corporation return (use form-1120), a partnership or multi-member LLC without an S election (use form-1065), a sole proprietor or single-member LLC without an S election (use schedule-c), making or fixing the S election itself (use form-2553), the shareholder's own reporting of a K-1 on Form 1040 (use schedule-e and form-1040), payroll returns (use form-941), or an extension only (use form-7004).

mkdir -p ~/.claude/skills/form-1120-s
curl -L https://claudskills.com/skills/form-1120-s/SKILL.md \
  -o ~/.claude/skills/form-1120-s/SKILL.md

@misc{form-1120-s-2026,
  author    = {jupid-tax},
  title     = {Form 1120 S [Claude Code skill]},
  year      = {2026},
  publisher = {ClaudSkills},
  url       = {https://claudskills.com/skills/form-1120-s/}
}