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This article applies to:

  • Product: ONESOURCE Income Tax
  • Return type: 1120 Corporation
  • Subject: Print requirements,Print requirements

Form 1125-E print requirements

Form 1125-E, Compensation of Officers, prints when a corporation's total receipts equal $500,000 or more and you enter officer compensation data in the Organizer.
To print, calculate, or suppress Form 1125-E, Compensation of Officers:
  1. Go to
    Organizer
    General Information
    Basic Return Information
    .
  2. On the
    Entity Information
     tab, go to the
    Return/Entity Type
     section.
  3. Select one of the following as the
    Return type
    :
    • 1120
    • 1120-C
    • 1120-F
    • 1120-REIT
    • 1120-RIC
    • 1120S
  4. Go to
    Income and Deductions
    Deductions
    Officers Compensation
    Summary of Officers Comp
    .
  5. In the
    Form 1125-E Print
     options, select
    Force Print
     and clear any selection for
    Suppress Print
    .
  6. Select
    Individual Officer
    , then
    Add
    , and enter the officer information.
  7. Do a full recompute, then print.

Data entry requirements

Complete Form 1125-E when the corporation's total receipts (line 1a plus lines 4 through 10 on page 1 of Form 1120) equal $500,000 or more. Enter this information under
Organizer
Income and Deductions
Deductions
Officers Compensation
Individual Officers
.
If you enter individual officer data, but want line 2 of Form 1125-E to show only the total amount of officers' compensation:
  1. Go to
    Organizer
    Income and Deductions
    Deductions
    Officers Compensation
    Summary of Officers Comp
    .
  2. Select
    Print "Information available in Taxpayer's Office"
    . This option is available for both federal and state returns.

Consolidated returns

For consolidated returns, you can print Form 1125-E detail two ways: print a single set of officers from the consolidation directly on the form, or print officer detail for each member of the consolidation as a statement to Form 1125-E.
To print officer detail on a statement:
  1. Enter officer compensation detail for each member of the consolidation, as needed. The application consolidates this information.
  2. Print Form 1125-E from the TopCon return. The form shows
    See Statement
    , and the application prints officer detail for each member return on the statement, 1 member after another.
To print officer detail directly on the form:
  1. Enter officers' compensation detail in the Organizer for the TopCon return.
  2. Go to
    Organizer
    Consolidated Returns
    Step 3 - Select Print and Calculation
    Form Print Options
    .
  3. Mark the 1st checkbox on the screen,
    Print Officer Compensation off the consolidated return
    . When you mark this option, the application prints only the detail you entered at the TopCon.
You can find force print and suppression options for Form 1125-E at
Organizer
Income and Deductions
Deductions
Officers' Compensation
Summary of Officers Comp
.

E-file requirements

For e-filing, column A (Name of officer) and column B (Social Security number) are optional, but columns C through F are required. You can't select
Information Available in Taxpayer's Office for e-file
.
To suppress officer names and Social Security numbers from the electronic file:
  1. Go to
    Organizer
    Income and Deductions
    Deductions
    Officers Compensation
    Summary of Officers Comp
    .
  2. Select
    Suppress officer names and social security numbers for efile purposes
    . This option applies only to e-file and doesn't affect print.

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