Complete the tax form

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Reference no: EM131394299

Complete pages 2 and 4 of the tax form 1120? The information below provides details

Additional Details: Schedule C: Dividends and Special Deductions

- Dividends were received from Big Labs.  Phoenix Medical holds a 15% ownership of Big Labs.

Schedule K Information:

Line 2.  a. Business Activity Code:  621111

b. Business Activity:  Medical

c. Product or Services:  Skin Care

Line 3.  Not a subsidiary.

Line 4.  a. Not owned by a foreign or domestic entity.

b. Owned equally by three individuals (33.33%).

Line 5.  Not an owner of 20% or more of a foreign or domestic corporation or partnership.

Line 6-11. No.

Line 12. NOL carryforward of $1,535,624 is available to offset 2014 income.

Line 13 & 14. No.

Line 15. Yes and Yes.

Line 16-18. No.

Attachment:- Assignment Files.rar

Reference no: EM131394299

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len1394299

2/15/2017 12:33:15 AM

Can someone PLEASE help me complete pages 2 and 4 of the tax form 1120? The information below provides details, in addition to the attached excel workbook. Schedule C: Dividends and Special Deductions. Dividends were received from Big Labs. Phoenix Medical holds a 15% ownership of Big Labs.

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