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Shareholder's Statement of IC-DISC Distributions 2015 SCHEDULE K (Form 1120-IC-DISC) Department of the Treasury Internal Revenue Service Part I 1 2 3 OMB No. 1545-0123 For calendar year 2015 or tax

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What is form 1120-ic-disc schedule k?

Form 1120-IC-DISC Schedule K is used by Interest Charge Domestic International Sales Corporations (IC-DISC) to report information regarding their income, deductions, and tax credits.

Who is required to file form 1120-ic-disc schedule k?

IC-DISCs are required to file Form 1120-IC-DISC Schedule K with their annual tax return.

How to fill out form 1120-ic-disc schedule k?

Form 1120-IC-DISC Schedule K should be filled out with accurate information regarding the IC-DISC's income, deductions, and tax credits for the tax year.

What is the purpose of form 1120-ic-disc schedule k?

The purpose of Form 1120-IC-DISC Schedule K is to report the IC-DISC's income, deductions, and tax credits to the IRS.

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

Information such as the IC-DISC's gross receipts, cost of goods sold, dividends received deduction, and interest income must be reported on Form 1120-IC-DISC Schedule K.

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