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PLANNING COMMITTEE Tuesday, 2 October 2018 PRESENT: Councillor A. Lenny (Chair) Councillors: S.M. Allen, J.M. Charles, I.W. Davies, J.A. Davies, P.M. Edwards, W.T. Evans, S.J.G. Gilasbey, J.K. Howell,
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What is james c?
Form 1120C, also known as 'James C', is a tax form used for filing the income tax return of a domestic corporation that has elected to be treated as an S corporation.
Who is required to file james c?
Domestic corporations that have elected S corporation status must file Form 1120C.
How to fill out james c?
To fill out Form 1120C, the corporation must provide information about its income, deductions, credits, and other relevant financial details. It's essential to follow IRS guidelines and instructions for the form.
What is the purpose of james c?
The purpose of Form 1120C is to report the income, gains, losses, deductions, and credits of an S corporation and to calculate the corporation's tax liability.
What information must be reported on james c?
Information required includes gross receipts, cost of goods sold, deductions, credits, and other pertinent financial data that reflects the corporation's financial activity.
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