Instructions for Form IT-CONSOL Application for Permission to File Consolidated Georgia Income Tax Return - Georgia (United States)

Form IT-CONSOL Application for Permission to File Consolidated Georgia Income Tax Return - Georgia (United States)

This document contains official instructions for Form IT-CONSOL , Application for Permission to File Consolidated Georgia Income Tax Return - a form released and collected by the Georgia Department of Revenue. An up-to-date fillable Form IT-CONSOL is available for download through this link.

FAQ

Q: What is Form IT-CONSOL?
A: Form IT-CONSOL is an application for permission to file a consolidated Georgia income tax return.

Q: Who needs to file Form IT-CONSOL?
A: Businesses in Georgia that want to file a consolidated income tax return.

Q: What is a consolidated income tax return?
A: A consolidated income tax return is a single tax return that includes the income and deductions of multiple related corporations.

Q: Why would a business want to file a consolidated income tax return?
A: Filing a consolidated income tax return can potentially reduce a business's overall tax liability.

Q: How do I fill out Form IT-CONSOL?
A: You will need to provide information about the corporations included in the consolidated return, as well as details about their income and deductions.

Q: Is there a deadline for filing Form IT-CONSOL?
A: Yes, the deadline for filing Form IT-CONSOL is the same as the deadline for filing the consolidated income tax return, which is generally the 15th day of the 4th month following the close of the tax year.

Q: Are there any fees associated with filing Form IT-CONSOL?
A: There is no fee for filing Form IT-CONSOL.

Q: Can I file Form IT-CONSOL electronically?
A: No, Form IT-CONSOL cannot be filed electronically and must be mailed.