About Schedule H (Form 1120), Section 280H Limitations for a Personal Service Corporation (PSC)

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.

Current Products

Recent Developments

None at this time.

Other Items You May Find Useful

Comment on Schedule H (Form 1120)

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 see our Tax Law Questions page.

Related Items