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The key difference between IRS 1120 and IRS 1120-F lies in the entity's location and income sources. IRS 1120 is for domestic corporations, while IRS 1120-F is designed specifically for foreign corporations earning income in the U.S. Each form serves different types of corporate entities, and it’s essential to use the correct one for compliance. If you need further assistance, consider seeking help from US Legal Forms.
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