![]() What Is a 1120 Tax Form?Ī 1120 tax form is an Internal Revenue Service (IRS) form that corporations use to find out their tax liability, or how much business tax they owe. If you need income tax advice please contact an accountant in your area. NOTE: FreshBooks Support team members are not certified income tax or accounting professionals and cannot provide advice in these areas, outside of supporting questions about FreshBooks. It also helps corporations find out how much income tax they need to pay, according to the IRS. It is an Internal Revenue Service (IRS) document that American corporations use to report their credits, deductions, losses, gains and income. What Is a 1120 Tax Form? Facts and Filing Tips for Small Businessesįorm 1120 is the U.S.Read What Is a 1120 Tax Form? Facts and Filing Tips for Small Businesses
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