
Instructions for Form 1120 (2024) | Internal Revenue Service
For the latest information about developments related to Form 1120 and its instructions, such as legislation enacted after they were published, go to IRS.gov/Form1120.
About Form 1120, U.S. Corporation Income Tax Return
Information about Form 1120, U.S. Corporation Income Tax Return, including recent updates, related forms and instructions on how to file. Use this form to report the income, gains, losses, deductions, credits, and to figure the income tax liability of a corporation.
Use Form 1120, U.S. Corporation Income Tax Return, to report the income, gains, losses, deductions, credits, and to figure the income tax liability of a corporation.
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Simple Guide to IRS Form 1120: Corporate Tax Return
C corporations are required to file Form 1120, U.S. Corporation Income Tax Return, with the IRS. It’s a completely different tax form from the one individuals fill out, but don’t worry. We’ll go through a high-level overview of the form and what you need to know so you can keep your business compliant with the tax authorities.
If “Yes,” complete Part I of Schedule G (Form 1120) (attach Schedule G) . . . . . . b : Did any individual or estate own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the corporation’s stock entitled to vote? If “Yes,” complete Part II of Schedule G (Form 1120) (attach ...