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GG Tax · Compliance

Form 1120-S S Corporation and K-1

Prepare an S corporation return, the K-1s and shareholder basis.

3 Levels30 S Corporation Case StudiesTax Year 20256 Months Access

S corporation work turns on shareholder basis, AAA and officer pay, which are easy to get wrong. This simulator walks through each one with numbers you work yourself.

A simulator for US S corporation returns: officer pay, pass-through items on Schedule K and each shareholder's K-1, the AAA and shareholder stock and debt basis on Form 7203.

Who It Is For

  • Staff preparing small-business and owner-managed returns
  • Students learning pass-through taxation

Skills You Build

Officer Pay TreatmentSchedule K and K-1AAA and Retained EarningsStock and Debt BasisSuspended LossesEntity-Level Taxes
Sample screen
Sample screen

What You Learn

BasicOfficer pay and 2% shareholder health insurance, Schedule K, K-1s, AAA, M-1 and M-2.
IntermediateStock and debt basis (Form 7203), suspended losses, distributions above basis and accumulated E&P.
AdvancedBuilt-in gains tax, excess net passive income tax, mid-year stock sales and rental real estate.

What You Get

  • Guided Walkthrough: Every number moves from its source document to its line, step by step, with the rule and the maths. Auto-Play and narration included.
  • Your Own Numbers: 10 case studies per level. Each student gets unique figures, and New Version gives fresh numbers whenever you want to practise again.
  • Practice Mode: Blank lines to fill in yourself. Check My Answers shows what matches and hints at the rest.
  • Answer Sheet: Every correct value with its working, grouped by form or workpaper.
  • Scope and Assumptions: Each form lists what is included, excluded and assumed, so you know exactly what you are learning.
  • Presenter Mode: Large, clean screens for classrooms and team sessions.

Plans and Prices

Free Demo

₹0
  • One fixed-number case per level
  • Full guided walkthrough
Try the Demo

Basic

₹2,499 ₹1,999$19.99
Save ₹500
  • 10 Basic case studies
  • Walkthrough, practice and answer sheets

Intermediate

₹2,999 ₹2,499$24.99
Save ₹500
  • 10 Intermediate case studies
  • Walkthrough, practice and answer sheets

Advanced

₹3,999 ₹3,299$32.99
Save ₹700
  • 10 Advanced case studies
  • Walkthrough, practice and answer sheets

Complete BundleBest Value

₹9,499 ₹5,499$54.99
Save ₹4,000
₹7,797 if bought separately
  • All three levels: 30 case studies
  • Every form and workpaper in the lab

Already enrolled? Log in, then open your level: Basic · Intermediate · Advanced.

6 months of access. Secure Razorpay checkout: pay in Indian rupees, or in US dollars if you are outside India (choose at checkout).

FAQs

Does it cover Form 7203?

Yes. Intermediate covers shareholder stock and debt basis on Form 7203, suspended losses and distributions above basis.

Is this different from the Form 1065 course?

Yes. Both are pass-through returns, but S corporations follow their own rules for officer pay, AAA, basis and entity-level taxes.

Which tax year does it use?

Tax year 2025.

How do I subscribe?

Choose a plan above and press Buy Now. Enter your name, login email and WhatsApp, pay on Razorpay, then activate on the Thank You page with your Payment ID. Teams of 10+ can ask for a team licence.

What do I need?

A current browser (Chrome, Edge, Safari or Firefox) and internet. A laptop works best for simulators. One login, up to 2 of your own devices.

How long is access?

6 months from activation. Refunds within 7 days (bundles as a whole).

Questions? WhatsApp us or see the FAQs. What each form covers: Scope & Assumptions.

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6 months of access. Your login works on up to 2 of your own devices. By paying you agree to the Terms and Refund Policy.