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Adsense Account For Sale

January 11th, 2009 admin Leave a comment Go to comments

S corporation tax, no sales, bank account, earnings from Google AdSense only … What?

I have a company S with a bank account in which I deposited a few thousand dollars. Part of this money has been used as start-up costs. A few Hundreds of dollars were added to the account as income from Google AdSense ads. Can anyone tell me what I need to complete lines for return S Corp? And if all else -0 -?

Page 1 – Line 1A – revenue from Google Adsense ads. 1 – Line 19 – Other deductions Page – The costs Start Page 1 – Line 21 – net income would be 1a and 19. Page 2 – Appendix K – Line 1 – the same amount as Page 1 – Line 21. Page 2 – Appendix K – - Interest income Line 4 – any interest the account earns. Do not need to bother with other pages. And then there's K-1 will be given to all shareholders. And an s-corp return and State, but I can not help because I do not know what state you are in.

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