Intro to 1120
When is the 1120 return due?
April 15th OR 15th day of 4 month after end date
Where do I go to generate the extension form 7004?
EXT-1 line 30 OR Interview form 1 line 73
What is another term for Section 168(k)?
Bonus
When can a superceded return be filed?
Before the original due date
What is needed to recalculate and generate an 1120 in the software?
EIN (Employer Identification Number)
Where is the worksheet view input for 1120, page 1, line 16?
Income/Deductions > Business > Deductions > Rents
Why would a customer not be able to delete a state?
It is the home state (entered on basic data line 1 or Interview form 1 line 30)
The cost of labor is incorrect on the 1125-A. Where can I edit this amount?
Interview Form A-2 line 35 (Form A-2 Boxes 40 and 45 OR Form A-2 Box 202 if Box 201 contains a code ‘L’ or ‘C’ OR Form P-2 – Form 8846 if Credit Reduction applies)
Where does the amount on Form 1120 page 1 line 8 come from?
Schedule D
If the form 1120 line 17 is showing duplicate amounts, where can I go to fix this?
General> return options> section 1> line 42
Where do I generate the form 8990?
Interview Form BIE-1 line 30
Why would extension form 7004 not be generating for a fiscal filer?
The extension needs to be unlocked in the federal extension > line 17 and 18