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This version of the form is not currently in use and is provided for reference only. Download this version of
IRS Form 1120-IC-DISC
for the current year.
IRS Form 1120-IC-DISC Interest Charge Domestic International Sales Corporation Return
What Is IRS Form 1120-IC-DISC?
This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on December 1, 2019. Check the official IRS-issued instructions before completing and submitting the form.
FAQ
Q: What is IRS Form 1120-IC-DISC?
A: IRS Form 1120-IC-DISC is a tax return form specifically for Domestic International Sales Corporations (DISCs).
Q: What does DISC stand for?
A: DISC stands for Domestic International Sales Corporation.
Q: Who needs to file IRS Form 1120-IC-DISC?
A: Any company that qualifies as a Domestic International Sales Corporation (DISC) needs to file IRS Form 1120-IC-DISC.
Q: What is the purpose of IRS Form 1120-IC-DISC?
A: The purpose of IRS Form 1120-IC-DISC is to report the taxable income of a Domestic International Sales Corporation (DISC) and calculate the interest charge on deferred tax liabilities.
Q: How often do you need to file IRS Form 1120-IC-DISC?
A: IRS Form 1120-IC-DISC is generally filed annually.
Q: Are there any penalties for not filing IRS Form 1120-IC-DISC?
A: Yes, there can be penalties for not filing IRS Form 1120-IC-DISC or for filing it late. It's important to comply with the tax filing requirements.
Q: What if I need help filling out IRS Form 1120-IC-DISC?
A: If you need help filling out IRS Form 1120-IC-DISC, you can consult a tax professional or refer to the instructions provided by the IRS.
Q: Can I e-file IRS Form 1120-IC-DISC?
A: Yes, you can e-file IRS Form 1120-IC-DISC if you meet the requirements for electronic filing.
Q: Is IRS Form 1120-IC-DISC applicable in Canada?
A: No, IRS Form 1120-IC-DISC is specific to the United States and not applicable in Canada.
Form Details:
- A 7-page form available for download in PDF;
- Actual and valid for filing 2023 taxes;
- Editable, printable, and free;
- Fill out the form in our online filing application.
Download a fillable version of IRS Form 1120-IC-DISC through the link below or browse more documents in our library of IRS Forms.
Download IRS Form 1120-IC-DISC Interest Charge Domestic International Sales Corporation Return
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