Use this form to report the income, gains, losses, deductions, credits, and to figure the income tax liability of insurance companies, other than life insurance companies. Current Revision Form 1120-PC PDF Instructions for Form 1120-PC (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 D (Form 1120), Capital Gains and Losses Information about Schedule D (Form 1120), Capital Gains and Losses, including recent updates, related forms, and instructions on how to file. Use Schedule D (Form 1120) to figure the overall gain or loss from transactions reported on Form 8949, to report certain transactions the corporation does not have to report on Form 8949, and to report capital gain distributions not reported directly on Form 1120. Schedule D (Form 1120) PDF Instructions for Schedule D (Form 1120) (Print Version PDF) Schedule M-3 (Form 1120-PC), Net Income (Loss) Reconciliation for U.S. Property and Casualty Insurance Companies with Total Assets of $10 Million or More Use Schedule M-3 (Form 1120-PC) to reconcile financial statement net income (loss) with taxable income reported on Form 1120-PC. It must be filed by non-life insurance companies with total assets of $10 million or more, and may be voluntarily filed by non-life insurance companies that are not otherwise required to file Schedule M-3. Schedule M-3 (Form 1120-PC) PDF Instructions for Schedule M-3 (Form 1120-PC) (Print Version PDF) Schedule N (Form 1120), Foreign Operations of U.S. Corporations 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 Schedule O (Form 1120), Consent Plan and Apportionment Schedule for a Controlled Group 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 Version PDF) Schedule PH (Form 1120), U.S. Personal Holding Company (PHC) Tax 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 Version PDF) Schedule UTP (Form 1120), Uncertain Tax Position Statement 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 Version PDF) Other Items You May Find Useful All Form 1120-PC Revisions Questions and Answers about Reporting Related to Section 965 on 2017 Tax Returns About Publication 15 (Circular E), Employer's Tax Guide About Publication 463, Travel, Entertainment, Gift, and Car Expenses About Publication 526, Charitable Contributions Other Current Products Related Items About Form 720, Quarterly Federal Excise Tax Return About Form 851, Affiliations Schedule About Form 1122, Authorization and Consent of Subsidiary Corporation to be Included in a Consolidated Income Tax Return About Form 1118, Foreign Tax Credit - Corporations About Form 2220, Underpayment of Estimated Tax By Corporations About Form 3115, Application for Change in Accounting Method About Form 3800, General Business Credit About Form 4136, Credit For Federal Tax Paid On Fuels
