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Irs 1125 A

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Irs 1125 A

Postby wilbart » Tue Mar 14, 2017 1:36 am

s About Taxes)/Irs 1125 A Advertisement Expert: MEdusa - 12/13/2013 How does line 3 IRS form 1125-A Cost of Goods Sold differ from Line 8 IRS 1120S Income Tax Return for an S corp?
wilbart
 
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Irs 1125 A

Postby Lathan » Tue Mar 14, 2017 11:48 am

line 3 on 1125 is labor for cost of goods(usually direct labor in manufacturing)

line 8 on 1120s is all labor(and can/will include other labor not just cogs manufacturing

sorry for delay. i was out of town a few days. why do you ask?  are you doing the return for your company, employer, or client or is this homework/?  
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