Where to File 1120-C?

This article provides a comprehensive overview of where to file IRS Form 1120-C, which is the U.S. Income Tax Return for Cooperative Associations. It outlines the filing requirements, addresses for submission, and important deadlines that cooperative associations need to be aware of when preparing their tax returns.

Filing IRS Form 1120-C is a crucial step for cooperative associations to report their income, gains, losses, deductions, and credits. This form is specifically designed for cooperatives operating under section 1381 of the Internal Revenue Code. Understanding where to file this form can ensure compliance with tax regulations and help avoid potential penalties.

Filing Addresses for Form 1120-C

The filing address for Form 1120-C depends on the location of the cooperative’s principal business or agency:

  • For Cooperatives Located in the United States: If the cooperative’s principal business, office, or agency is situated within the U.S., you should mail Form 1120-C to: Department of the Treasury
    Internal Revenue Service
    Ogden, UT 84201-0012
  • For Cooperatives Located Outside the United States or in U.S. Territories: If the cooperative operates from a foreign country or a U.S. territory, you should send your Form 1120-C to: Internal Revenue Service
    P.O. Box 409101
    Ogden, UT 84409
Filing Options E-Filing vs. Paper Filing

Filing Options: E-Filing vs. Paper Filing

Cooperatives have the option to file Form 1120-C either electronically or by mail. E-filing is generally recommended as it is faster and more efficient. Here are some key points regarding each method:

  • E-Filing: Many cooperatives can e-file their tax returns through IRS e-file providers or tax preparation software. E-filing allows for quicker processing times and immediate confirmation of submission.
  • Paper Filing: If you choose to file by mail, ensure that you send your completed Form 1120-C to the correct address based on your cooperative’s location. Remember that mailing may take longer than e-filing.

Important Deadlines for Filing Form 1120-C

The deadline for filing Form 1120-C is typically the 15th day of the ninth month after the end of your cooperative’s tax year. For example:

  • For Calendar Year Filers: The due date is April 15.
  • For Fiscal Year Filers Ending June 30: The due date is September 15.

If you need additional time to prepare your return, you can file Form 7004 to request an automatic six-month extension.

Who Must File Form 1120-C?

Form 1120-C must be filed by any corporation operating on a cooperative basis under section 1381 and allocating amounts to patrons based on business done with or for them. This includes:

  • Farmers’ cooperatives
  • Rural electric and telephone cooperatives
  • Other cooperatives engaged in marketing agricultural products

Certain organizations are exempt from filing this form, including those that are exempt from income tax under chapter 1 or those subject to specific sections related to mutual savings banks or insurance companies.

Conclusion

Filing IRS Form 1120-C correctly and on time is essential for cooperative associations to fulfill their tax obligations. By understanding where and how to file this form—whether electronically or via mail—cooperatives can ensure compliance with IRS regulations while potentially avoiding penalties associated with late filings. Always consider consulting a tax professional if you have questions about your specific situation or need assistance with filing.

Conclusion Where to File 1120-C

FAQs

  1. What is Form 1120-C used for?
    Form 1120-C is used by cooperative associations to report their income, gains, losses, deductions, and credits for tax purposes.
  2. Where do I send my Form 1120-C?
    If located in the U.S., send it to the IRS Ogden address; if outside the U.S., send it to the designated P.O. Box in Ogden, UT.
  3. What is the deadline for filing Form 1120-C?
    The deadline is typically April 15 for calendar year filers and September 15 for fiscal year filers ending June 30.

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