This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form IA1120, 42-001 for the current year.
This document contains official instructions for Form IA1120 , and Form 42-001 . Both forms are released and collected by the Iowa Department of Revenue. An up-to-date fillable Form IA1120 (42-001) is available for download through this link.
Q: What is Form IA1120?
A: Form IA1120 is the Iowa Corporation Income Tax Return for Iowa.
Q: Who needs to file Form IA1120?
A: All corporations doing business in Iowa need to file Form IA1120.
Q: What is the purpose of Form IA1120?
A: Form IA1120 is used to report income, deductions, and tax liability for Iowa corporations.
Q: What information is required on Form IA1120?
A: Form IA1120 requires information about the corporation's income, expenses, deductions, and credits.
Q: When is Form IA1120 due?
A: Form IA1120 is due by the 15th day of the fourth month following the end of the corporation's tax year.
Q: Can I file Form IA1120 electronically?
A: Yes, you can file Form IA1120 electronically through the Iowa Department of Revenue's eFile & Pay system.
Q: Are there any penalties for not filing or late filing Form IA1120?
A: Yes, there are penalties for not filing or late filing Form IA1120. It is important to file the form on time to avoid penalties and interest.
Q: Do I need to include additional documentation with Form IA1120?
A: You may need to include additional documentation, such as supporting schedules and forms, depending on your specific tax situation.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Iowa Department of Revenue.