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Form 1120-H, U.S. Income Tax Return for Homeowners Associations, is used by condominium and housing associations for tax returns. Form 1120 (officially the "U.S Corporate Income Tax Return") is one of the IRS tax forms used by corporations (specifically, C corporations) in the United States to report their income, gains, losses, deductions ...
Form 1040, U.S. Individual Income Tax Return; Form 1040A, U.S. Individual Income Tax Return; Form 1040EZ, Income Tax Return for Single and Joint Filers with No Dependents; Form 1041, U.S. Income Tax Return for Estates and Trusts (for 1993 and prior years, this was known as "U.S. Fiduciary Income Tax Return"); Form 1065, U.S. Return of ...
Preparation of non-simple corporate tax returns can be time-consuming. For example, the U.S. Internal Revenue Service states that the average time needed to complete Form 1120-S, for privately held companies electing flow through status, is over 56 hours, not including recordkeeping time. [83]
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Continue reading → The post IRS Form 1120-S: Small Business Taxes appeared first on SmartAsset Blog. If you have formed a limited liability company that is being taxed as an S corporation, also ...
The Internal Revenue Service has released its 2008 list of the 12 scammiest tax scams, with internet phishing and frivolous tax arguments topping the list. The IRS puts this list together each ...