Federal Free Printable Schedule O (Form 1120) (Rev. December 2012) for 2017 Federal Consent Plan and Apportionment Schedule for a Controlled Group

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Consent Plan and Apportionment Schedule for a Controlled Group
Schedule O (Form 1120) (Rev. December 2012)

Consent Plan and Apportionment Schedule for a Controlled Group SCHEDULE O (Form 1120) (Rev. December 2012) Department of the Treasury Internal Revenue Service Employer identification number Name Part I OMB No. 1545-0123 Attach to Form 1120, 1120-C, 1120-F, 1120-FSC, 1120-L, 1120-PC, 1120-REIT, or 1120-RIC. ▶ Information about Schedule O (Form 1120) and its instructions is available at www.irs.gov/form1120. ▶ Apportionment Plan Information 1 Type of controlled group: Parent-subsidiary group a b Brother-sister group c Combined group d Life insurance companies only 2 This corporation has been a member of this group: a For the entire year. From , 20 , until b , 20 . 3 a This corporation consents and represents to: Adopt an apportionment plan. All the other members of this group are adopting an apportionment plan effective for the current tax year which ends on , 20 , and for all succeeding tax years. b Amend the current apportionment plan. All the other members of this group are currently amending a previously adopted plan, which was in effect for the tax year ending , 20 , and for all succeeding tax years. c Terminate the current apportionment plan and not adopt a new plan. All the other members of this group are not adopting an apportionment plan. d Terminate the current apportionment plan and adopt a new plan. All the other members of this group are adopting an apportionment plan effective for the current tax year which ends on , 20 , and for all succeeding tax years. 4 If you checked box 3c or 3d above, check the applicable box below to indicate if the termination of the current apportionment plan was: a Elected by the component members of the group. b Required for the component members of the group. 5 If you did not check a box on line 3 above, check the applicable box below concerning the status of the group’s apportionment plan (see instructions). a No apportionment plan is in effect and none is being adopted. b , 20 An apportionment plan is already in effect. It was adopted for the tax year ending , and for all succeeding tax years. 6 If all the members of this group are adopting a plan or amending the current plan for a tax year after the due date (including extensions) of the tax return for this corporation, is there at least one year remaining on the statute of limitations from the date this corporation filed its amended return for such tax year for assessing any resulting deficiency? See instructions. a Yes. (i) , 20 The statute of limitations for this year will expire on . (ii) , 20 On , this corporation entered into an agreement with the Internal Revenue Service to , 20 . extend the statute of limitations for purposes of assessment until b No. The members may not adopt or amend an apportionment plan. 7 a Required information and elections for component members. Check the applicable box(es) (see instructions). The corporation will determine its tax liability by applying the maximum tax rate imposed by section 11 to the entire amount of its taxable income. b The corporation and the other members of the group elect the FIFO method (rather than defaulting to the proportionate method) for allocating the additional taxes for the group imposed by section 11(b)(1). The corporation has a short tax year that does not include December 31. c For Paperwork Reduction Act Notice, see Instructions for Form 1120. Cat. No. 48100N Schedule O (Form 1120) (Rev. 12-2012) Page 2 Part II Taxable Income Apportionment (See instructions) Caution: Each total in Part II, column (g) for each component member must equal taxable income from Form 1120, page 1, line 30 or the comparable line of such member’s tax return. Schedule O (Form 1120) (Rev. 12-2012) Taxable Income Amount Allocated to Each Bracket (a) Group member’s name and employer identification number (b) Tax year end (Yr-Mo) (c) 15% (d) 25% (e) 34% (f) 35% (g) Total (add columns (c) through (f)) 1 2 3 4 5 6 7 8 9 10 Total Schedule O (Form 1120) (Rev. 12-2012) Page 3 Schedule O (Form 1120) (Rev. 12-2012) Part III Income Tax Apportionment (See instructions) Income Tax Apportionment (a) Group member’s name (b) 15% (c) 25% (d) 34% (e) 35% (f) 5% (g) 3% (h) Total income tax (combine lines (b) through (g)) 1 2 3 4 5 6 7 8 9 10 Total Schedule O (Form 1120) (Rev. 12-2012) Page 4 Schedule O (Form 1120) (Rev. 12-2012) Part IV Other Apportionments (See instructions) Other Apportionments (a) Group member’s name (b) Accumulated earnings credit (c) AMT exemption amount (d) Phaseout of AMT exemption amount (e) Penalty for failure to pay estimated tax (f) Other 1 2 3 4 5 6 7 8 9 10 Total Schedule O (Form 1120) (Rev. 12-2012)
Extracted from PDF file 2016-federal-1120-schedule-o.pdf, last modified February 2009

More about the Federal 1120 (Schedule O) Corporate Income Tax TY 2016

We last updated the Consent Plan and Apportionment Schedule for a Controlled Group in May 2017, so this is the latest version of 1120 (Schedule O), fully updated for tax year 2016. You can download or print current or past-year PDFs of 1120 (Schedule O) directly from TaxFormFinder. You can print other Federal tax forms here.

Other Federal Corporate Income Tax Forms:

TaxFormFinder has an additional 774 Federal income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form 941 Employer's Quarterly Federal Tax Return
Form 9465 Installment Agreement Request
Form 990 or 990-EZ (Sch A) Public Charity Status and Public Support
Form 1125-A Cost of Goods Sold
Form 1120 U.S. Corporation Income Tax Return

Download all  tax forms View all 775 Federal Income Tax Forms


Form Sources:

The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal 1120 (Schedule O) from the Internal Revenue Service in May 2017.

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About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Federal 1120 (Schedule O)

We have a total of four past-year versions of 1120 (Schedule O) in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2016 1120 (Schedule O)

Schedule O (Form 1120) (Rev. December 2012)

Consent Plan and Apportionment Schedule for a Controlled Group 2015 1120 (Schedule O)

Schedule O (Form 1120) (Rev. December 2012)

Consent Plan and Apportionment Schedule for a Controlled Group 2012 1120 (Schedule O)

Schedule O (Form 1120) (Rev. December 2012)

Consent Plan and Apportionment Schedule for a Controlled Group 2011 1120 (Schedule O)

2011 Form 1120 (Schedule O)


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