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NOTICE!! These documents have been scanned! Do not place scanned documents beneath this notice! Do not remove this notice from this file! GPO Jacket No. 560102 Print Order 61540 Rise Business Services,
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IRS Form 1120 is the U.S. corporate income tax return used by C corporations to report income, gains, losses, deductions, and credits.
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C corporations that conduct business or derive income from sources within the United States are required to file Form 1120.
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To fill out IRS Form 1120, corporations must provide accurate financial information regarding their income, expenses, and tax liabilities, following the instructions provided by the IRS.
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The purpose of IRS Form 1120 is to report a corporation's income, calculate its tax liability, and document various financial activities of the corporation for the tax year.
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Corporations must report total income, cost of goods sold, operating expenses, taxable income, and various credits and deductions on Form 1120.
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