About Form 1120-L, U.S. Life Insurance Company Income Tax Return

Life insurance companies use this form to report income, gains, losses, deductions, credits, and to figure their income tax liability.

Current revision

Form 1120-L PDF

Instructions for Form 1120-L (Print version PDF)

Recent developments

Relief from additions to tax for underpayments applicable to the new corporate alternative minimum tax -- 21-DEC-2023

Guidance on determining a corporation’s estimated tax payment –- 20 -JUN-2023

Schedules

Schedule M-3 (Form 1120-L), Net Income (Loss) Reconciliation for U.S. Life Insurance Companies With Total Assets of $10 Million or More

This schedule reconciles financial statement net income (loss) with taxable income reported on Form 1120-L. It must be filed by life insurance companies with total assets of $10 million or more and may be voluntarily filed by life insurance companies that are not otherwise required to file Schedule M-3 (Form 1120-L).

Schedule M-3 (Form 1120-L) PDF

Instructions for Schedule M-3 (Form 1120-L) (Print version PDF)