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hello Anthony hello Claudia we're here today to talk about C Corp form 1120 that's right it's a little bit of a dry subject a little bit dry but it's important information but we are the most exciting people on earth and we're gonna make it great sparkling sparkling okay so you have to file I RS form 1120 which is the u.s. corporation tax return you're gonna report income gains losses deductions credits and you're gonna figure the income income tax liability of the corporation must be filed even if the corporation is in bankruptcy or if they have no taxable income mm-hmm yeah that's right um one of the things about bankruptcy is that you have to stay in compliance with the US tax code in order to stay in bankruptcy and this is even if you're a corporation is gonna file a chapter 11 maybe they're able to get off you get some of those taxes away you still have to file you still have to be in compliance and part of the deal is you know bankruptcy is part of you know the benefits of the go

Version Form Popularity Fillable & Printable
IRS 8453-S 2018 4.7 Satisfied (46 Votes)
IRS 8453-S 2017 4.5 Satisfied (55 Votes)

FAQ

  • How much will a doctor with a physical disability and annual net income of around Rs. 2.8 lakhs pay in income tax? Which ITR form is to be filled out?

  • Will Indian tax be levied on the income earned by an NRI in the foreign country if he/she returns to their home state in the future with that amount? How does it differ for both DTAA and non-DTAA countries?

  • I have been paying federal income taxes on the income received from renting out my garage apartment. The city and state wants their cut too so I have been paying that quarterly as well. But now they want us to register with their new Short Term Rental office and pay a hefty fee. Problem is that there is no Certificate of Occupancy for the structure. The inspection will be kinda pricey and I suspect I will have to sink a lot of money into this to get it up to code. So if I tell the city I am no l

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