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Form 1120NF, Nebraska Financial Institution Tax Return Revenue Ne

Form 1120NF, Nebraska Financial Institution Tax Return Revenue Ne

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Instructions and help about Form 1120NF, Nebraska Financial Institution Tax Return Revenue Ne

all right for this video we want to go through a sample form 1120s escort return for the 20123 tax year now in this scenario we're going to have a company that actually closed down its business and dissolve The Entity during the year so they still got some activity to report but we are going to be filing a final return as is marked in box H1 here and so this is a company that was dissolved on October 31st 2023 so we've got the full return here with the k1s K2 K3 and we've also got the prior year return from 20122 which will need in order to carry over some of those beginning of the year balances now in addition to that we have the uh sample financial statements for our company here so we've got a profit and loss from January 1st through the end of October and then we've got a balance sheet as of October 31st but it hasn't been completely zero out yet so what we'll see here is we are in a position where all of the assets were liquidated and all we have is Cash remaining and that's so we

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