Get Attach To Bform/b 1120, 1120-c, 1120-ic-disc, 1120-l, 1120-pc,

You will need to attach an explanation of changes, and if the income, deductions, or credits changed, then a new Schedule K-1 (Form 1120-S) Shareholder's Share of Income, Deductions, Credits, etc. must be filed and copies sent to the shareholders. TaxAct supports the e-filing of amended S Corporation returns.

As discussed above, an IC-DISC must be a domestic corporation. The corporation may only have a single class of stock that has a minimum par value of $2,500. In addition, the domestic corporation must pass both a gross receipts and export asset test. How is the IC-DISC gross receipts test calculated?

File an amended return using Form 1040-X, Amended U.S. Individual Income Tax Return as soon as possible. Include any forms and/or schedules that you're changing and/or didn't include with the original return. Return the refund check with a letter of explanation.

This is an information return filed by interest charge domestic international sales corporations (IC-DISCs), former DISCs, and former IC-DISCs.

Purpose of Form Use Form 1120-PC, to report the income, gains, losses, deductions, and credits, and to figure the income tax liability of insurance companies, other than life insurance companies.

TurboTax Tip: When you file an amended return, you should include any new documents needed to support your changes, such as a new or amended W-2 or 1099 form to report additional income, a new or amended Form 1098 Mortgage Interest Statement, or a Form 1098-T to claim an education credit.

Your Form 1040X is only one part of the amended return; make sure to attach your new and improved tax return with all the correct information on it.

For Form 1120 – Attach to the amended Form 1120, the XML Form 1120-X completed through Part I, line 10 or 11, as applicable, and Part II with the line number of each amended item, the corrected amount or treatment of the item, and an explanation of the reasons for each change.