Form preview

Get the free 1998 Form 1120IC-DISC (Schedule K)

Get Form
For calendar year or tax year. SCHEDULE K. (Form 1120-IC-DISC). (Rev. December 2016). Department of the Treasury. Internal Revenue Service.
We are not affiliated with any brand or entity on this form

Get, Create, Make and Sign 1998 form 1120ic-disc schedule

Edit
Edit your 1998 form 1120ic-disc schedule form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share
Share your form instantly
Email, fax, or share your 1998 form 1120ic-disc schedule form via URL. You can also download, print, or export forms to your preferred cloud storage service.

How to edit 1998 form 1120ic-disc schedule online

9.5
Ease of Setup
pdfFiller User Ratings on G2
9.0
Ease of Use
pdfFiller User Ratings on G2
To use our professional PDF editor, follow these steps:
1
Set up an account. If you are a new user, click Start Free Trial and establish a profile.
2
Prepare a file. Use the Add New button to start a new project. Then, using your device, upload your file to the system by importing it from internal mail, the cloud, or adding its URL.
3
Edit 1998 form 1120ic-disc schedule. Rearrange and rotate pages, insert new and alter existing texts, add new objects, and take advantage of other helpful tools. Click Done to apply changes and return to your Dashboard. Go to the Documents tab to access merging, splitting, locking, or unlocking functions.
4
Save your file. Select it in the list of your records. Then, move the cursor to the right toolbar and choose one of the available exporting methods: save it in multiple formats, download it as a PDF, send it by email, or store it in the cloud.
It's easier to work with documents with pdfFiller than you can have believed. You can sign up for an account to see for yourself.

Uncompromising security for your PDF editing and eSignature needs

Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.
GDPR
AICPA SOC 2
PCI
HIPAA
CCPA
FDA

How to fill out 1998 form 1120ic-disc schedule

Illustration

How to fill out 1998 form 1120ic-disc schedule

01
To fill out the 1998 form 1120ic-disc schedule, follow these steps:
02
Start by entering your company's name, address, and Employer Identification Number (EIN) in the designated fields.
03
Provide the necessary information about your IC-DISC (Interest Charge-Domestic International Sales Corporation), including the date of formation and the tax year you are filing for.
04
Indicate the business activity code that best represents your IC-DISC's main line of business.
05
Report any gross receipts earned by your IC-DISC during the tax year in question.
06
Calculate and report any allocable income deductions, such as expenses directly related to the IC-DISC's qualifying activities.
07
Determine the IC-DISC's taxable income based on the given formulas, taking into account any applicable adjustments and credits.
08
Complete the remaining sections of the form, providing any additional required information, signatures, and disclosures.
09
Double-check your entries and calculations to ensure accuracy.
10
Attach the completed 1998 form 1120ic-disc schedule to your 1998 form 1120 IC-DISC tax return.
11
File your tax return by the specified deadline, either electronically or by mail.
12
It is strongly recommended to consult a tax professional or refer to the official instructions provided by the IRS for detailed guidance.

Who needs 1998 form 1120ic-disc schedule?

01
The 1998 form 1120ic-disc schedule is required for companies that qualify as IC-DISCs (Interest Charge-Domestic International Sales Corporations). An IC-DISC is a tax-exempt entity that promotes and facilitates the export of U.S. products.
02
Specifically, the schedule is needed by corporations that have elected IC-DISC status under section 992 of the Internal Revenue Code. These corporations must file the 1998 form 1120ic-disc schedule along with their 1998 form 1120 IC-DISC tax return to report the company's income, deductions, credits, and other relevant information.
03
It is essential to consult the IRS guidelines and regulations or seek professional advice to determine whether your company qualifies for IC-DISC status and consequently needs to fill out the 1998 form 1120ic-disc schedule.
Fill form : Try Risk Free
Users Most Likely To Recommend - Summer 2025
Grid Leader in Small-Business - Summer 2025
High Performer - Summer 2025
Regional Leader - Summer 2025
Easiest To Do Business With - Summer 2025
Best Meets Requirements- Summer 2025
Rate the form
4.3
Satisfied
27 Votes

For pdfFiller’s FAQs

Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

The pdfFiller Gmail add-on lets you create, modify, fill out, and sign 1998 form 1120ic-disc schedule and other documents directly in your email. Click here to get pdfFiller for Gmail. Eliminate tedious procedures and handle papers and eSignatures easily.
Install the pdfFiller Google Chrome Extension in your web browser to begin editing 1998 form 1120ic-disc schedule and other documents right from a Google search page. When you examine your documents in Chrome, you may make changes to them. With pdfFiller, you can create fillable documents and update existing PDFs from any internet-connected device.
You certainly can. You can quickly edit, distribute, and sign 1998 form 1120ic-disc schedule on your iOS device with the pdfFiller mobile app. Purchase it from the Apple Store and install it in seconds. The program is free, but in order to purchase a subscription or activate a free trial, you must first establish an account.
Form 1120IC-DISC Schedule K is used to report information for Interest Charge Domestic International Sales Corporation (IC-DISC) on Form 1120 for tax purposes.
Any corporation that qualifies as an IC-DISC is required to file Form 1120IC-DISC Schedule K.
Form 1120IC-DISC Schedule K should be filled out with accurate information regarding the IC-DISC's income, expenses, and other relevant details as per the IRS guidelines.
The purpose of Form 1120IC-DISC Schedule K is to report the required information related to an IC-DISC in order to comply with tax regulations.
Information such as income, expenses, deductions, credits, and other relevant details pertaining to an IC-DISC must be reported on Form 1120IC-DISC Schedule K.
Fill out your 1998 form 1120ic-disc schedule online with pdfFiller!

pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.

Get started now
Form preview
If you believe that this page should be taken down, please follow our DMCA take down process here .
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.