Which of the following is true in regard to Form 1125-E and the details of compensation for an 8 corporation's officer? Form 1125 -E is required on all Form 1120 -S tax returns. Use Form 1125-E if the corporation's total receipts from Form 1120-S, page 1 and Schedule K are less than $500,000. Form 1125-E must include the amount of compensation as a fringe benefit on Form 1120-S, line 18 if the officer owned more than 2% of the S corporation's stock. Form 1125E must Include fringe benefits and expenditures made on behalf of offlcers owning more than 2% of the corporation's stock. Mark for follow up