This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for IRS Form 1120 for the current year.
This document contains official instructions for IRS Form 1120 , U.S. Corporation Income Tax Return - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 1120 Schedule D is available for download through this link.
Q: What is IRS Form 1120?
A: IRS Form 1120 is the U.S. Corporation Income Tax Return.
Q: Who needs to file IRS Form 1120?
A: U.S. corporations need to file IRS Form 1120.
Q: What is the purpose of IRS Form 1120?
A: IRS Form 1120 is used to report the income, deductions, and tax liabilities of U.S. corporations.
Q: What information do I need to complete IRS Form 1120?
A: You will need information about your corporation's income, deductions, credits, and tax payments.
Q: When is the deadline to file IRS Form 1120?
A: The deadline to file IRS Form 1120 is generally the 15th day of the 4th month after the end of the corporation's tax year.
Q: Can I file IRS Form 1120 electronically?
A: Yes, you can file IRS Form 1120 electronically using the e-file system.
Q: What happens if I don't file IRS Form 1120?
A: If you don't file IRS Form 1120 or file it late, you may face penalties and interest charges.
Q: Are there any exceptions to filing IRS Form 1120?
A: Certain small corporations may be eligible to file a shorter version of IRS Form 1120 called Form 1120-S.
Instruction Details:
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