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    #1

    1120-c

    Does anyone have any experience with 1120-C? Based on my research I have a Cooperative that should be filing an 1120-C, not a regular 1120. The preparer in 2019 filed an 1120 and the preparer that was supposed to file 2020 filed an extension for a regular 1120. Am I correct in saying the wrong return has been filed?
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    #2
    See if this helps your scenario:

    About Form 1120-C, U.S. Income Tax Return for Cooperative Associations | Internal Revenue Service
    https://www.irs.gov/forms-pubs/about-form-1120-c
    Information about Form 1120-C, U.S. Income Tax Return for Cooperative Associations, including recent updates, related forms and instructions on how to file. Corporations operating on a cooperative basis file this form to report their income, gains, losses, deductions, credits, and to figure their income tax liability.


    and/or

    https://www.rd.usda.gov/files/cir44-1.pdf
    Last edited by TAXNJ; 04-15-2022, 06:42 AM.
    Always cite your source for support to defend your opinion

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      #3
      Yes, this is what is leading me to believe that I'm correct and the wrong return was filed previously. I've just never run across this before.

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