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Tax Law (Questions About Taxes)/C corporations and k1 forms


I am the sole owner of a C(1120) corporation that was incorporated in New York State.  My income excluding the above referred to corporation was $103000 in 2012.  The corporation grossed $1800.  When I went to file my taxes electronically, I was asked to file a K1.  Is that possibly an error as I was under the impression that C corps didn't have to file a K1?  Also, am I obligated to file electronically?
I thank you in advance,
Alex ()


Thanks for your question.

A C Corporation would not file a K-1.  Double check to see that you are not completing an 1120-S form.  If you are not, there is apparently a bug in your program or the e-file program you are going through.

No, you are not required to file electronically if you are preparing your own return.

Hope this helps.

John Stancil, CPA

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John Stancil, CPA


I can answer questions on personal income taxes, partnerships, and some corporate income taxes. I can deal with some state tax questions. Limited gift and estate tax questions. I am also familiar with ministerial and church tax reporting issues. I am Professor Emeritus at Florida Southern College. Sales taxes and property taxes are state and local issues so I am not likely be be able to give you an in depth answer on those types of taxes. I have maintained a CPA practice, specializing in tax, for over 35 years. I am a member of the National Association of Tax Professionals, The Florida Insititute of CPA's, The NCPE Fellowship. In addition I am a Certified Mentor for SCORE. Visit my website at I also offer seminars and consultations to churches and clergy on their tax issues at Also visit my blog, I am listed on Tax Connections at Prepare and file your own taxes at


I hold a doctorate in Accounting, and am a CPA. My certifications of CIA, CFM, and CMA are inactive. I passed all certification examinations on the first attempt, and received honorable mention for my scores on the CIA exam. I have operated a CPA firm for over 37 years and have taught accounting and tax at the college level for over 35 years.

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