answersLogoWhite

0


Best Answer

That you are asking implies you may want to get some additional guidance. The 1120 series is used to file C corp returns. Each co in the group should have it's own entire pro-forma return made, and an elimination Co made on the Consolidating schedules for tax to produce one combined entitiy. Remember that the States may not allow, and others may require, consolidayed or Unitary filing. Dividends, ownwership percentages, intercompany transactions, accrual accounts and items that must be recorded to equity rather than deferred accounts, (the entire FAS 109 thing is for GAAP only), but can get a bit honery. Obviously, the specific schedules needed to be completed, and whether forms 1118, 4797, 5462, Schd. D, etc. etc., depend on the operations and accounting for the Co or group. Schedule M-1 (now actually M-3) needs to be paid particular attention to.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What tax forms must be considered when filing a consolidated C corporation tax return when assets are less than 10 million dollars?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What Canadian corporation offered Joseph Newman 214 million dollars for his energy machine?

cnq


Who is considered a millionaire?

A person with a net worth of a million dollars or more is considered to be a millionaire.


What is the price range for liability insurance for corporations seeking 2 million dollars in coverage?

That all depends. What type of corporation? What is your risk exposure? What is your loss history. There is not enough information to answer. Could be 100 dollars or could cost you a million dollars.


Do people with assets of 1 Million dollars have 1 million in cash?

No. In most cases, the answer is no. there may be millionaires who keep a million dollars in their bank account but not everyone who has net assets of 1 million dollars have it in cash. For example if someone owns a villa in Las Vegas that is worth 2 million dollars, he is still considered a millionaire but that doesn't mean he has a million bucks in his bank account.


Can a million dollars double in a year on interest?

You can,t a million dollars interest from a million dollars but you can get half a million dollars


How many dollars are there in 1 million?

There are a million dollars in one million dollars,however if you mean one million the number then there are no dollars in one million.


What is one million dollars equal to in 2014 dollars?

1 million dollars = 1 million dollars


How many one dollars are in one million dollars?

there are one million dollars in one million dollars.


Which ones has the most value million dollars or million dollars?

The million dollars. Definitely.


How much is 569 million dollars?

569 million dollars is equal to 569000000.00 US dollars. This amount can be broken down as follows:\t500 million dollars\t50 million dollars\t19 million dollars


Is 50 thousands dollars considered to a quarter of a million?

No; a quarter million would be a million divided by 4. Or, to put it bluntly, 250,000, five times the $50,000 in the question.


What is 31 percent of 25 million dollars?

31% of 25 million dollars = 25 m *31/100 = 7.75 million dollars = 7,750 thousands dollars.31% of 25 million dollars = 25 m *31/100 = 7.75 million dollars = 7,750 thousands dollars.31% of 25 million dollars = 25 m *31/100 = 7.75 million dollars = 7,750 thousands dollars.31% of 25 million dollars = 25 m *31/100 = 7.75 million dollars = 7,750 thousands dollars.