These amounts will carry to Form 1120S, Schedules K and K-1 as a nondeductible expense, Schedule M-1 and Schedule M-2.
For the treatment of officers' life insurance premiums, the amount entered here will carry to Schedule K/K-1, line 16c, Schedules M-1 (when Schedule M-3 does not apply), and M-2(AAA). If the company-owned life insurance, and you want the expense to be carried to Schedule M-1/M-3, OAA on Schedule M-2, do not make any entry here, instead use
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