Table of Contents

• Instructions for  Form 1120-IC-DISC - Introductory Material
  • What's New
• General Instructions
  • Purpose of Form
    • What Is an IC-DISC?
  • Who Must File
  • When To File
  • Where To File
  • Who Must Sign
  • Other Forms and Statements That May Be Required
  • Assembling the Return
  • Accounting Methods
  • Accounting Periods
  • Rounding Off To Whole Dollars
  • Recordkeeping
  • Definitions
    • Section 993
    • Section 994, Intercompany Pricing Rules
    • Section 994(c), Export Promotion Expenses
    • Deficits in Earnings and Profits
  • Penalties
• Specific Instructions
  • • Period Covered
    • Address
    • Taxable Income
  • Schedule A
    • Cost of Goods Sold
  • Schedule B
    • Gross Income
    • Line-by-Line Instructions
  • Schedule C
    • Dividends and Dividends-Received Deduction
  • Schedule E
    • Deductions
  • Schedule J
    • Part I—Deemed Distributions Under Section 995(b)(1)
    • Part II—Section 995(b)(1)(E) Taxable Income
    • Part III—Deemed Distributions Under Section 995(b)(2)
    • Part IV—Actual Distributions
    • Part V—Deferred DISC Income Under Section 995(f)(3)
  • Schedule K
    • Shareholder's Statement of IC-DISC Distributions
  • Schedule L
    • Balance Sheets per Books
  • Schedule N
    • Export Gross Receipts of the IC-DISC and Related U.S. Persons
  • Schedule O
    • Other Information
  • Schedule P
    • Intercompany Transfer Price or Commission
• Instructions for  Form 1120-IC-DISC - Notices
  • Paperwork Reduction Act Notice.
• Instructions for  Form 1120-IC-DISC - Additional Material