Where Form 1120 C Manufacturing 2023-2024

Laws calm legal forms guide form 355 is used for business or manufacturing corporation excise return. Businesses or manufacturing corporations operating in Massachusetts should use userform 355 to document their excise tax due. The form can be found on the website of the state of Massachusetts. Step one: If you are not filing on a calendar year basis, enter the starting and ending dates of your filing period. Step two: Provide your corporation's named federal employer identification number and address. If your principal address is different from your principal Massachusetts address, give both addresses. Step three: Answer questions 1 through 18. Step four: Before completing page 2, complete the rest of form 355. Schedule A documents your balance sheet. Step five: Schedule B documents tangible and intangible property. Step six: If line 15 of Schedule B is ten percent or more, complete schedule C and transfer line 42 to line one of page two. Step seven: If line 15 of Schedule B is less than ten percent, complete schedule D and transfer line ten to line two of page two. Step eight: Complete schedule CD for corporate disclosure. Complete schedule CR to document other corporate credits and transfer line 15 to line seven of the second page. Step nine: Complete schedule RF to document refundable credits. Transfer the results to line 62, line 18 on the second page. Step ten: Return to the second page and complete lines one through ten as instructed to determine your minimum excise tax. Step eleven: Complete lines 11 through 23 as instructed to determine the amount owed or the amount to be refunded. Step twelve: Complete lines 24 through 26 if filing late. Step thirteen: An officer of the firm should sign and date the bottom of the first page. To watch more videos, please...