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Form 1120-IC-DISC Interest Charge Domestic International Sales Corporation Return Department of the Treasury Internal Revenue Service B Business code number (See page 15 of instructions.) 1998 See

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What is form 1120ic-disc - irs?

Form 1120-IC-DISC is used by interest charge domestic international sales corporations (IC-DISCs) to report their income, deductions, and other information.

Who is required to file form 1120ic-disc - irs?

Any corporation that qualifies as an IC-DISC and has taxable income from qualified export sales must file Form 1120-IC-DISC.

How to fill out form 1120ic-disc - irs?

To fill out Form 1120-IC-DISC, you need to provide information about your corporation, income from qualified export sales, deductions, credits, and any other required information. You can use the instructions for Form 1120-IC-DISC provided by the IRS for detailed guidance.

What is the purpose of form 1120ic-disc - irs?

The purpose of Form 1120-IC-DISC is to report the income of IC-DISCs and calculate the correct tax liability based on the qualified export sales.

What information must be reported on form 1120ic-disc - irs?

Form 1120-IC-DISC requires information about the IC-DISC corporation, its shareholders, income from qualified export sales, deductions, credits, and any other necessary information for calculating the tax liability.

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