IRS Form 1120-X (Amended Corporate Tax Return) – How to Guide
The Form 1120-X is filed to amend a corporate income tax return Form 1120. This article and video cover a sample Form 1120-X for the 2023 tax year.
How to File IRS Form 1120 for 2023 – Rental Real Estate Investment Entity
A tutorial on how to prepare IRS Form 1120 (Corporate Income Tax Return) for a rental real estate holding company with non-U.S. ownership.
How to File IRS Form 1120 for 2022 – Lawncare Business Example
The Form 1120 is a corporate tax return filed by every domestic corporation when it has income & expenses. This article covers an example for a lawncare business for the 2022 tax year.
How to File Form 1120 with a Form 5472 for a Foreign-Owned US Corporation
A U.S. corporation with non-U.S. ownership must file a Form 1120 corporate income tax return each year. In addition, it also must file Form 5472 if the corporation had any reportable transactions.
How to Fill Out IRS Form 1120 for the 2021 Tax Year. Step-by-Step Instructions
This article and video tutorial cover a sample Form 1120 tax filing for the 2021 tax year. The example fact pattern is for a marketing consulting agency with several ownership.
IRS Form 851 Affiliations Schedule on Form 1120
The IRS Form 1120 corporate income tax return is eligible to file a consolidated tax return for a parent company and its subsidiaries. The subsidiaries included in the consolidated return are disclosed on IRS Form 851.
Non-US Owner of a Delaware Corporation – What Filings are Required?
Delaware corporations have generally no restrictions on who can be a shareholder. In the event a nonresident owns stock in a Delaware corporation, the corporation has some additional filing requirements which are outlined in this article and video.
How to Search for an NAICS Code
A business will often have to disclose its NAICS code which most closely reflects its business activities. There are various ways to search for this business code.
Form 1120 Schedule L – Balance Sheet per Books for a Corporation
A corporation is required to file an annual Form 1120 income tax return each year. Schedule L is a disclosure of the corporation's balance sheet figures at the beginning and end of the tax year.
Schedule B of Form 1120 – Additional Information Needed for Schedule M-3 Filers
The Form 1120 corporate income tax return may require a Schedule B attachment for corporations required to complete Schedule M-3. Schedule B contains additional questions about the corporation.