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Irs 1120w instructions Form: What You Should Know
Use Form 1120-W (Worksheet) to estimate the tax due on the income of a U.S. corporation for the tax year for which the return is filed. A U.S. corporation generally reports income for tax purposes on Form 1120. If you are an individual, report on a separate line of Form 1040, line 20, and the total of Forms 1040P and 1040EZ for the calendar year. A corporation generally reports its income for tax purposes on Form 1120, line 27. The amount shown on Form 1120-W may be different from the amount shown on the individual's income tax return for the year.
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