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Old 01-17-2012, 07:28 PM
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What tax forms do I file for a c corp?

Last year in October we got our articles of incorporation, EIN number etc. We used legal zoom. We are classified by the IRS as a c Corp. We didn't do any business in 2011 because we are still in the process / waiting to obtain a state license in order to begin operations. According to the IRS agent we still have to file a return (form 1120) with all zero's. I complied a list of about 35 forms related to form 1120 and was wondering if it is necessary to file all these forms with the 1120.



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Old 01-17-2012, 10:13 PM
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“ According to the IRS agent we still have to file a return (form 1120) with all zero's. I complied a list of about 35 forms related to form 1120 and was wondering if it is necessary to file all these forms with the 1120.”---->I think so; Unless exempt under section 501(Exemption from tax on corporations, certain trusts, etc), all domestic corporations (including corporations in bankruptcy) must file an income tax return whether or not they have taxable income. Your corp, as a domestic corporation, must file Form 1120 unless it is required to file a special return. Being in bankruptcy or having no taxable income does not exempt a corporation from filing. A corporation may file Form 1120 or may be required to file any of a number of special 1120 forms, depending on the corporate structure and business type.



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