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Please help!!!! Now that you have completed the income section of form 1120S, you will include the deductions/expenses your company had for the year. Use

Please help!!!! Now that you have completed the income section of form 1120S, you will include the deductions/expenses your company had for the year. Use the following profit and loss statement for your deduction figures. The deductions are called operating expenses on the Profit and Loss Statement.

Complete lines 7-21 only. YOU WILL NOT NEED TO INCLUDE FORM 4562 for depreciation.

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