Question	Answer
Form Name	Printable Federal Supporting Form
Form Length	5 pages
Fillable?	Yes
Fillable fields	1
Avg. time to fill out	1 min 27 sec
Other names	federal supporting form, federal supporting statements form 2020, federal supporting statements form 1120s, fillable supporting statements

1a	Gross receipts or sales		1a
b	Returns and allowances		1b
c	Balance. Subtract line 1b from line 1a	. . . . . . . .					1c
2	Cost of goods sold (attach Form 1125-A)	. . . . . . . .					2
3	Gross profit. Subtract line 2 from line 1c	. . . . . . . .					3
4	Net gain (loss) from Form 4797, line 17 (attach Form 4797)	. . . . . . . .					4
5	Other income (loss) (see instructions—attach statement)	. . . . . . . .					5
6	Total income (loss). Add lines 3 through 5	. . . .		.	. .	▶	6
7	Compensation of officers (see instructions—attach Form 1125-E) . . .	. . . . . . . .					7
8	Salaries and wages (less employment credits)	. . . . . . . .					8
9	Repairs and maintenance	. . . . . . . .					9
10	Bad debts	. . . . . . . .					10
11	Rents	. . . . . . . .					11
12	Taxes and licenses	. . . . . . . .					12
13	Interest (see instructions)	. . . . . . . .					13
14	Depreciation not claimed on Form 1125-A or elsewhere on return (attach Form 4562)						14
15	Depletion (Do not deduct oil and gas depletion.)	. . . . . . . .					15
16	Advertising	. . . . . . . .					16
17	Pension, profit-sharing, etc., plans	. . . . . . . .					17
18	Employee benefit programs	. . . . . . . .					18
19	Other deductions (attach statement)	. . . . . . . .					19
20	Total deductions. Add lines 7 through 19	. . . .		.	. .	▶	20
21	Ordinary business income (loss). Subtract line 20 from line 6 . . . .	. . . . . . . .					21
22a	Excess net passive income or LIFO recapture tax (see instructions) . . .		22a
b	Tax from Schedule D (Form 1120-S)		22b
c	Add lines 22a and 22b (see instructions for additional taxes)	. . . . . . . .					22c
23a	2021 estimated tax payments and 2020 overpayment credited to 2021 .		23a
b	Tax deposited with Form 7004		23b
c	Credit for federal tax paid on fuels (attach Form 4136)		23c
d	Add lines 23a through 23c	. . . . . . . .					23d
24	Estimated tax penalty (see instructions). Check if Form 2220 is attached .	. . . .		.	. ▶		24
25	Amount owed. If line 23d is smaller than the total of lines 22c and 24, enter amount owed . . .						25
26	Overpayment. If line 23d is larger than the total of lines 22c and 24, enter amount overpaid . . .						26
27	Enter amount from line 26: Credited to 2022 estimated tax ▶			Refunded ▶			27

			May the IRS discuss this return
			May the IRS discuss this return
			with the preparer shown below?
Signature of officer	Date	Title	See instructions.	Yes	No

Paid	Print/Type preparer’s name	Preparer’s signature		Date	Check	if	PTIN
Paid

Preparer					self-employed

	Firm’s name ▶				Firm’s EIN ▶
Use Only	Firm’s name ▶				Firm’s EIN ▶
Use Only	Firm’s address ▶				Phone no.
	Firm’s address ▶				Phone no.
For Paperwork Reduction Act Notice, see separate instructions.			Cat. No. 11510H				Form 1120-S (2021)

Form 1120-S (2021)		Page 2
Schedule B		Other Information (see instructions)

(i)	Total shares of restricted stock	▶
(ii)	Total shares of non-restricted stock	▶

	information on any reportable transaction?	. . . . . . . . . . . . . . . . . . . . . . . .
7	Check this box if the corporation issued publicly offered debt instruments with original issue discount . . . . ▶
	If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount
	Instruments.

Form 1120-S (2021)		Page 3
Schedule B	Other Information (see instructions) (continued)	Yes No

Form 1120-S (2021)					Page 4
Schedule K			Shareholders’ Pro Rata Share Items (continued)		Total amount
	<![endif]>Information	17a	Investment income	17a
<![endif]>Other	<![endif]>Information	d	Other items and amounts (attach statement)
		b	Investment expenses	17b
		c	Dividend distributions paid from accumulated earnings and profits	17c

<![endif]>Recon-	<![endif]>ciliation	18	Income (loss) reconciliation. Combine the amounts on lines 1 through 10 in the far right
		18
			column. From the result, subtract the sum of the amounts on lines 11 through 12d and 16f .	18

Schedule L		Balance Sheets per Books		Beginning of tax year					End of tax year
		Assets		(a)		(b)		(c)			(d)
1	Cash
2a	Trade notes and accounts receivable . . .
b	Less allowance for bad debts		(		)			(	)
3	Inventories
4	U.S. government obligations
5	Tax-exempt securities (see instructions) . .
6	Other current assets (attach statement) . . .
7	Loans to shareholders
8	Mortgage and real estate loans
9	Other investments (attach statement) . . .
10a	Buildings and other depreciable assets . . .
b	Less accumulated depreciation		(		)			(	)
11a	Depletable assets
b	Less accumulated depletion		(		)			(	)
12	Land (net of any amortization)
13a	Intangible assets (amortizable only) . . . .
b	Less accumulated amortization		(		)			(	)
14	Other assets (attach statement)
15	Total assets
	Liabilities and Shareholders’ Equity
16	Accounts payable
17	Mortgages, notes, bonds payable in less than 1 year
18	Other current liabilities (attach statement) . .
19	Loans from shareholders
20	Mortgages, notes, bonds payable in 1 year or more
21	Other liabilities (attach statement) . . . .
22	Capital stock
23	Additional paid-in capital
24	Retained earnings
25	Adjustments to shareholders’ equity (attach statement)
26	Less cost of treasury stock					(	)			(	)
27	Total liabilities and shareholders’ equity . .
											Form 1120-S (2021)

Form 1120-S (2021)		Page 5
Schedule M-1	Reconciliation of Income (Loss) per Books With Income (Loss) per Return

1	Net income (loss) per books . . . .			5		Income recorded on books this year
2	Income included on Schedule K, lines 1, 2,					not included on Schedule K, lines 1
2	Income included on Schedule K, lines 1, 2,					through 10 (itemize):
	3c, 4, 5a, 6, 7, 8a, 9, and 10, not recorded					through 10 (itemize):
	3c, 4, 5a, 6, 7, 8a, 9, and 10, not recorded
	on books this year (itemize)			a		Tax-exempt interest $
3	Expenses recorded on books this year			6		Deductions included on Schedule K,
3	Expenses recorded on books this year			6		Deductions included on Schedule K,
	not included on Schedule K, lines 1					lines 1 through 12 and 16f, not charged
	through 12 and 16f (itemize):					against book income this year (itemize):
a	Depreciation $			a		Depreciation $
b	Travel and entertainment $			7		Add lines 5 and 6
b	Travel and entertainment $			7		Add lines 5 and 6
				8 Income (loss) (Schedule K, line 18).
4	Add lines 1 through 3					Subtract line 7 from line 4 . . . .
Schedule M-2		Analysis of Accumulated Adjustments Account, Shareholders’ Undistributed Taxable Income
		Previously Taxed, Accumulated Earnings and Profits, and Other Adjustments Account
		(see instructions)

			(a) Accumulated			(b) Shareholders’	(c) Accumulated	(d) Other adjustments
			adjustments account			undistributed taxable	earnings and profits	account
						income previously taxed
1	Balance at beginning of tax year
1	Balance at beginning of tax year
2	Ordinary income from page 1, line 21 . . .
3	Other additions
4	Loss from page 1, line 21		(		)
5	Other reductions		(		)			(	)
6	Combine lines 1 through 5
7	Distributions
8	Balance at end of tax year. Subtract line 7 from
	line 6
								Form 1120-S (2021)

Printable Federal Supporting Form – Fill Out and Use This PDF

Printable Federal Supporting Form PDF Details

Form Preview Example

How to Edit Printable Federal Supporting Form Online for Free

Watch Printable Federal Supporting Form Video Instruction

Printable Federal Supporting Form isn’t the one you’re looking for?

Related Documents

Related Resources