- quote -

Thanks, Dave!

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"Jag Man" <Jag_Man653R-E-MOVE[at]hotmail.com> wrote:

- quote -

1120-A IS an 1120.

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Put the last day of the tax year on.

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Just attach a copy.

- quote -

You're right, you are nit picking.

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

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I'm trying to do my own work on closing down a (very) small
California corporation with limited remaining resources.
I've found lots of helpful guidance at the California
Secretary of State Web site and elsewhere, but a few
questions remain. For example, I'm required to submit IRS
Form 966 after passing a corporate Election to Dissolve by
the borad and shareholders. My questions are:

1. There is a section at the upper right asking for "type of
return," with choices 1120, 1120S, 1120-L ,1120-IC-DISC, and
Other. Are they talking about the type of tax return the
Corporation HAS BEEN filing, or the type that WILL BE FILLED
as the final? For me there is a difference because I've been
filing,1120-A, but I've read that I must file 1120 as the
final return. There is no 1120-A choice, but I could list it
as "Other".

2. In box 7a they ask for the last month, day and year of
the final return. However, the final return won't be filed
at the time I submit the 966. So do I put the date I PLAN to
submit the final 1120, e.g., 12/31/2004, or just say "Not
applicable" since there is no such date known at the time I
file the 966?

3. There is a statement "Attach a certified copy of the
resolution or plan and all amendments or supplements not
previously filed." I assume they are talking about the
"Election to Dissolve" voted by the shareholders. But what
do they mean "Certified?" In other words, Certified by whom?
Do I have to take the documents to a Notary Public, or can I
perhaps "certify" it myself as Coprorate President and
Secretary, and afix the corperate seal?

I know these are kind of nit picking issues, but I don't
want to mess it up and cause future grief.

TIA.

Ed

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