Get 1993 Form 1120-W. Corporation Estimated Tax

We give you an automatic 6-month extension to file your return. You must file by the deadline to avoid a late filing penalty. The deadline is October 15, 2024.

If you won't be ready to file your tax return by tax day, make sure you instead complete an extension request, granting you the ability to delay filing a completed return until October 16, 2023.

How are C Corps taxed? Taxable IncomeTax Rate$75,001 - $100,00034%$100,001 - $335,00039%$335,001 - $10,000,00041.5%Over $10,000,00026%2 more rows • Nov 9, 2023

Certain corporations with total assets of $10 million or more that file at least 250 returns a year are required to e-file Form 1120. See Regulations section 301.6011-5. However, these corporations can request a waiver of the electronic filing requirements. Waiver requests can also be faxed to 877-477-0575.

Corporations are allowed an automatic seven-month paperless extension of time to file their returns if they both: Are in good-standing with both Franchise Tax Board and the California Secretary of State on the original due date of the return.

The penalty for failure to file a federal S corporation tax return on Form 1120S -- or failure to provide complete information on the return -- is $195 per shareholder per month. The penalty can be assessed for a maximum of 12 months.

Extensions must be filed by midnight local time on the normal due date of the return. In the case of an 1120, this is the 15th day of the 4th month after the end of the tax year of the return. In the case of an 1120-S, this is the 15th day of the 3rd month after the end of the tax year of the return.

Corporations use IRS Form 1120-W to estimate their tax liability and determine the amount of their quarterly estimated tax payments. Form 1120-W is a worksheet and should not be filed with the IRS. Corporations should keep completed forms for their business records.