Business, Legal & Accounting Glossary
U.S. Income Tax Return for Cooperative Associations. This form is used by corporate taxpayers to report income, gains, losses, deductions, and credits, as well as to figure the income tax liability of the corporation. Any corporation that operates on a cooperative basis under IRC section 1381 and allocating amounts to patrons on the basis of business done with or for such patrons should file this form.
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Definitions for 1120-C Form are sourced/syndicated and enhanced from:
This glossary post was last updated: 13th November, 2021 | 0 Views.