Form 1120-F (2023)

What is Form 1120-F? 

Form 1120-F, namely U.S. Income Tax Return of a Foreign Corporation, is a tax document used by foreign corporations to report their U.S. income, profits, losses, credits, and deductions. It also serves to assess their U.S. income tax liability in a way a domestic corporation would report their tax return.

What do I need the IRS Form 1120-F for? 

• If you received income from some US-based source and didn’t entirely pay the tax on it;
• To make a shielding filing;
• For making treaty-related claims;
• To protect the foreign corporation’s rights to get credits and deductions;
• To report the foreign corporation’s U.S. income, losses, deductions, and credits;
• Your income is connected with an American trade or business.

Form 1120-F due date varies based on whether a foreign corporation has a place of business in the U.S. or not. If yes, the filing date for this fillable form is the 15th of March. Otherwise, the form must be filed by the 15th of June, but a 6-month extension is requested with Form 7004.

Organizations that work with Form 1120-F

• The IRS.

Related to Form 1120-F Documents

• 1040NR-EZ Online
• Form 1042 S
• Schedule H Form 1040 Household Employment Taxes
• 8813 Form