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TL;DR: Yes, you have every right to do your own S-Corporation tax return, but we really don't recommend it. The amount of time you'd spend researching all the rules and regulations could better be spent doing what you do best and leaving the nitty-gritty to tax professionals like us!
Like most tax forms, Form 1120S can be filed electronically through the IRS's e-file system, or with most tax prep software. You can also file the form by mail.
What is Form 1120S? Form 1120S is the tax form S corporations use to file their federal income tax return (not to be confused with Form 1120 for C corporations). Every S corp needs to file one, including LLCs that are taxed as S corps. You can download Form 1120S directly from the IRS website.
Who Files Tax Form 1120? All domestic corporations must file tax form 1120, even if they don't have taxable income. Corporations exempt under section 501 (see below) do not need to file tax Form 1120. Corporations in bankruptcy must also file Form 1120.
Use Form 1120-S to report the income, gains, losses, deductions, credits, etc., of a domestic corporation or other entity for any tax year covered by an election to be an S corporation.
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What is Form 1120? Form 1120 is the tax form C corporations (and LLCs filing as corporations) use to file their income taxes. Once you've completed Form 1120, you should have an idea of how much your corporation needs to pay in taxes.
If the LLC is a corporation, normal corporate tax rules will apply to the LLC and it should file a Form 1120, U.S. Corporation Income Tax Return.
Use Form 4506, Request for Copy of Tax Return, to request copies of tax returns. Automated transcript request. You can quickly request transcripts by using our automated self-help service tools. Please visit us at IRS.gov and click on \u201cGet a Tax Transcript...\u201d under \u201cTools\u201d or call 1-800-908-9946.
Use Form 1120-S to report the income, gains, losses, deductions, credits, etc., of a domestic corporation or other entity for any tax year covered by an election to be an S corporation.
You can download copies of original determination letters (issued January 1, 2014 and later) using our on-line search tool Tax Exempt Organization Search (TEOS). It may take 60 days or longer to process your request. You may also request an affirmation letter using Form 4506-B.

2014 1120s