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 8453 S US S Corporation Income Tax Declararion for an IRS 2021-2025

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Video instructions and help with filling out and completing 8453 S US S Corporation Income Tax Declararion For An IRS Form

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Instructions and help about irs corporation

all right for this video I want to go through a sample form 1120x which is an amended Us corporate tax return and so the 1120x is two pages so we've got page one here and then page two which is an explanation of the changes we've also got the corrected 1120 so the full return here we'll have a look at what changes were made and how those get reported on the 1120x and then for reference we've also got the prior uh 1120 that was was filed so this is the return that was incorrect that needs to be changed so we'll cover those pieces as well and then lastly just one slide here covering some background on these 1120x filings and then some more details on the fact pattern so the form 1120x is a separate form from the 1120 uh and what I mean by that is it is a separate uh filing to make amendments whereas if you have amended returns for entities like Partnerships or ESC Corps all of those changes are just done directly on the return so if we have a look

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