About Form 1120, U.S. Corporation Income Tax Return


Domestic corporations use this form to:

  • Report their income, gains, losses, deductions, credits.
  • Figure their income tax liability.

Current Revision

Recent Developments


Filers of Schedule M-3 (Form 1120), Net Income (Loss) Reconciliation for Corporations With Total Assets of $10 Million or More, use this schedule to provide answers to additional questions.

Schedule B (Form 1120)PDF

Use Schedule D (Form 1120) to:

  • Figure the overall gain or loss from transactions reported on Form 8949.
  • Report certain transactions the corporation does not have to report on Form 8949.
  • Report capital gain distributions not reported directly on Form 1120.

 Schedule D (Form 1120)PDF

Instructions for Schedule D (Form 1120) (Print VersionPDF)

Use Schedule G (Form 1120) to provide information applicable to certain entities, individuals, and estates that own, directly, 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the corporation's stock entitled to vote.

Schedule G (Form 1120)PDF 

A personal service corporation (PSC) that elects to have a tax year other than a calendar year uses this schedule to:

  • determine if the PSC meets the minimum distribution requirement for the tax year, or
  • figure the limits on deductions if the requirement is not met.

Schedule H (Form 1120)PDF

Corporations file Schedule M-3 (Form 1120) to answer questions about their financial statements and reconcile financial statement net income (loss) for the corporation to net and taxable income on Form 1120.

Schedule M-3 (Form 1120)PDF

Corporations may have to file this schedule if, at any time during the tax year, they had assets in or operated a business in a foreign country or a U.S. possession.

Schedule N (Form 1120)PDF

A corporation that is a component member of a controlled group must use Schedule O (Form 1120) to report the apportionment of taxable income, income tax, and certain tax benefits between all component members of the group.

Schedule O (Form 1120)PDF

Instructions for Schedule O (Form 1120) (Print VersionPDF)

A corporation that is a personal holding company (PHC) uses Schedule PH (Form 1120) to figure the PHC tax.

Schedule PH (Form 1120)PDF

Instructions for Schedule PH (Form 1120) (Print VersionPDF

Schedule UTP (Form 1120) asks for information about tax positions that affect the U.S. federal income tax liabilities of certain corporations that issue or are included in audited financial statements and have assets that equal or exceed $10 million.

Schedule UTP (Form 1120)PDF

Instructions for Schedule UTP (Form 1120) (Print VersionPDF)

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