Form 1120: What is a 1120 Tax Form and How to File it?
Form 1120, the U.S. Corporation Income Tax Return, is an IRS document that corporations use to report their financial activities, including income, losses, gains, and deductions, to determine their tax liability. This form is mandatory for all domestic corporations, excluding those exempt under Section 501. Variants of Form 1120 cater to specific types of corporations, … Read more