Entity Tax Return

The purpose of this assignment is to apply the content knowledge you have learned throughout this course. You will be assigned one of the following options by the instructor. For this assignment complete and submit completed Tasks 1 and 2 in a single document.

Options

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The instructor will assign each student one of the following options:

Option 1: Problem C:11-61 in the textbook. Tasks
Students will complete both tasks for the option assigned:

Task 1: Prepare an S-corporation tax return utilizing the option provided by the instructor.
General Requirements

Refer to the resource, “Tax Rate Schedules and Other Items,” located in the course materials.

Utilize one of the following resources, “Topic 8 Entity Tax Return: Check Figures C:11-61” (Option 1) or “Topic 8 Entity Tax Return: Check Figures C:11-62” (Option 2), as applicable to the option assigned by your instructor.

When submitting to LoudCloud, the tax returns should be in a single document. Do not scan and submit the completed tax forms individually as it may cause a delay in grading. Name the file LastnameFirstinitial.ACC460.TR2, where the TR2 refers to the Tax Return 2 assignment. The course materials contain information on how to compress documents from a PDF to a Word document in an effort to decrease files to upload to LoudCloud.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are not required to submit this assignment to LopesWrite.

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