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About Form 1120 H, U S Income Tax Return for Homeowners Associations

About Form 1120 H, U S Income Tax Return for Homeowners Associations

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Video instructions and help with filling out and completing About Form 1120 H, U S Income Tax Return For Homeowners Associations

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Instructions and help about 1120 h tax form

okay for this video i want to go over a very simple tutorial on how to complete an 1120h tax return for a homeowners association so homeowners association is very prevalent in the u.s i think the last count there's maybe close to 400 000 of them but homeowners associations they're organized as corporate entities under state law and they're still required to file a tax return even though in a lot of cases they might not actually owe any tax so in this example i want to go over a very simple 1120h i've got a couple pieces to work with here so we've got obviously the return itself and then i've got a workbook here in excel for the homeowners associations financial statements for the year right so the revenues and expenses and then i've got a slide with some background information here and then the fact pattern that we're going to be working with so let's start with this and then we'll move on to the workbook and the return so okay so homeowners tax returns again homeowner associations ar

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