mich_b01 wrote:
- quote -

WHO

has a S corp. She is 100% owner of the S corp. and her previous
accountant did not file
a K-1 for the S corp for 2006. She still needs to file her 1120S
which we filed a request
for extension.

Okay, what's the question?

I assume you're talking first about tax year 2006.

Provided that both she and the S corporation are both your clients, All
you need to do is to take the 1120S the accountant prepared (and
presumably filed), add the schedule K-1 to it and send it to IRS marked
(Amended return.) And of course the corporation will give the owner a
copy also.

Filing the 1120S (WITH K1! (grin) for 2007 is a separate issue of course.

ChEAr$,
Harlan Lunsford, EA n LA

--
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I have a new tax client this year that has a S corp. She is 100%
owner of
the S corp. and her previous accountant did not file a K-1 for the S
corp.
for 2006. She still needs to file her 1120S which we filed a request
for
extension.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >