If you are residing in the USA or are running your company, then you must have heard about Form 1120. However, what becomes tricky here is the fact that there are various types of 1120. 1120-C, 1120-F, 1120-H, 1120-L, 1120-POL, and 1120-S are some of the examples. In this blog, we will be talking about...
Just like any other country, the USA is also strict about the timely submission of taxes and tax returns. This means that any individual, whether resident or non-resident, individual or corporation must fill the tax forms. However, it is not as simple as it sounds to fill out the tax or tax return forms because...
Schedule E is one of the many schedules and helps in explaining the supplemental income/losses occurred to an individual in the US. This schedule is filled and submitted along with Form 1040, used for Federal Individual Income Tax Return. Income or loss from rental real estate, estates, partnerships, royalties, S Corporations, trusts or residual interests...
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