DPAD and Balance Sheet

[JG EA]

Fill it out - informational.

But there shouldn't even be an 8903 for the S Corp. There is no way to complete the 8903 at the S Corp level because you don't know what the shareholders AGI is at that point.

Yes, I think so. But you do not get a deduction at the end. You only fill in the income minus expenses and wage information and then it works. It carries over to the K (so no need to know the shareholders info}. Notice that you use 6% for an S-Corp. That is because it gets cut in half at the shareholder level.