View More Self-Study Courses

1120 Preparation and Planning 1: Introduction to Form 1120 (2024 Edition) (Currently Unavailable)

CPE Credit:	1 hour for CPAs 1 hour Federal Tax Related for EAs and OTRPs 1 hour Federal Tax Law for CTEC

Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2027 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card

This on-demand one-hour CPE course provides a refresher on the preparation of corporate income tax returns, an overview of the elements of Form 1120, and key requirements and selections.

Publication Date: January 2024

Topics Covered

Introduction
Required Electronic Filing
Corporate Information
Schedule K

Learning Objectives

Determine both the nature of the corporate tax return and the role of the preparer in the preparation of the return
Recognize key filing requirements, including extension options
Identify the information required on the top of page 1 of Form 1120 as well as on Schedule K, page 3 of Form 1120
Determine the implications of being a personal service corporation
Identify the options for and limitations on selecting an accounting method and tax year for the corporation

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
None

Advance Preparation
None

View More Self-Study Courses