1120-RIC Form

Business, Legal & Accounting Glossary

Definition: 1120-RIC Form

1120-RIC Form

Full Definition of 1120-RIC Form

U.S. Income Tax Return for Regulated Investment Companies. This form is used to report the income, gains, losses, deductions, and credits, as well as to figure the income tax liability of a regulated investment company (RIC) as defined in IRS section 851. This form is filed by a domestic corporation that meets certain conditions should it elect to be treated as a RIC for the tax year, or has made an election for a prior tax year and the election has not been terminated or revoked.

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1120-RIC Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/1120-ric-form/ (accessed: November 30, 2021).
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1120-RIC Form. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/1120-ric-form/

Definition Sources

Definitions for 1120-RIC Form are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.