1120 Controlled Group Question

[Snaggletooth]

What is the time interval for which a "controlled group" exists?

Example: I have an established C corp (began 1995) with fiscal year end 06/30/12.

Same owner begins a second C corp effective 07/01/12 and will be choosing a short year
ending 12/31/12.

Does the established C corp deal with the "controlled group" issue (affecting the surcharge
exemption) in its 06/30/12 tax return??

[Roland Slugg]

December 31st. See Schedule O (Form 1120) and the separate instructions for Schedule O (Form 1120). Both are available on the IRS's Forms and Pubs web site.