Where Form 1120 C Filing 2023-2024

Law.com provides a legal forms guide for filing the SC 1120 C Corporation Income Tax Return for C corporations operating in South Carolina. - When filing, it is necessary to attach a copy of the federal efile 1120 or 1120 A return. - The state tax form, SC 1120, can be obtained from the South Carolina Department of Revenue's website. - Step one: On the top left of the first page, enter your filing number, the end date of your income tax and license fee periods, your federal employer identification number, and your business name and address. Also, indicate with a check mark if there has been a change of address or accounting period dates since your last return. - Step two: On the top right, provide the address of the property located in South Carolina and the name and number of a contact person in case of an audit. Check the if filing a consolidated return. - Step three: Enter your total gross receipts and cost of depreciable personal property located in the state. Indicate with a check mark if filing a return for a business that has been withdrawn, merged, reorganized, or dissolved. - Step four: Enter your total federal taxable income on line one. Skip to the second page to complete schedule A and B, and transfer the total from line 12 to line two on the first page. - Step five: Follow the instructions on lines 3 through 19 to determine your total income tax liability. To complete line 10, you will need to complete schedule C on the second page. - Step six: Follow the instructions on lines 20 through 30 to calculate the total income tax and license fee liability. An officer should sign and date the bottom of the first page. - Step seven: Schedule D on the third page must be...