Course Content

Module 1: S-Corp Fundamentals (Theory)
What is an S Corporation (Subchapter S)
Difference between: C‑Corp vs S‑Corp vs LLC
Pass‑through taxation explained
Shareholder limitations (100 shareholders, one class of stock)
Eligibility & Form 2553 overview
📘 IRS Authority
Module 2: Setting up the Return in Drake Online (Practical)
Creating a client (1120‑S return type)
Navigation: Screen‑based input system
Diagnostics & EF (E‑File) system
Supported 1120‑S forms & screens
MODULE 5 – Income & Deductions Entry (PRACTICAL + THEORY)
Income Screens
Deduction Screens
📘 Authorities
🎥 Drake Demo