A homeowners association files this form as its income tax return to take advantage of certain tax benefits. These benefits, in effect, allow the association to exclude exempt function income from its gross income.
Other Items You May Find Useful
Publication 538, Accounting Periods and Methods
Publication 542, Corporations
Publication 947, Practice Before the IRS and Power of Attorney
Publication 1546, Taxpayer Advocate Service - Your Voice at the IRS
Comment on Form 1120-H
Use the Comment on Tax Forms and Publications web form to provide feedback on the content of this product. Although we cannot respond individually to each comment, we do appreciate your feedback and will consider all comments submitted.
CAUTION: We cannot respond to tax-related questions submitted using this page. Instead, please visit see our Tax Law Questions page.