Federal U.S. Income Tax Return for Certain Political Organizations
Extracted from PDF file 2023-federal-form-1120-pol.pdf, last modified December 2023U.S. Income Tax Return for Certain Political Organizations
1120-POL Form U.S. Income Tax Return for Certain Political Organizations Department of the Treasury Internal Revenue Service 2023 Go to www.irs.gov/Form1120POL for instructions and the latest information. For calendar year 2023 or other tax year beginning Check the box if this is a section 501(c) organization . . . . . . . . , 2023, and ending . . . . . . . . . . . . . . . . . . , 20 . Employer identification number Name of organization Check if: OMB No. 1545-0123 Final return Number, street, and room or suite no. (If a P.O. box, see instructions.) Name change Address change Deductions Income Amended return 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Tax a b 18 19 20 21 22 23 24 25 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Dividends (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gross rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gross royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital gain net income (attach Schedule D (Form 1120)) . . . . . . . . . . . . . . . Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) . . . . . . . . . . . Other income and nonexempt function expenditures (see instructions) . . . . . . . . . . . Total income. Add lines 1 through 7 . . . . . . . . . . . . . . . . . . . . . Salaries and wages . . . . . . . . . . . . . . . . . . . . . . . . . . . Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Taxes and licenses . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation (attach Form 4562) . . . . . . . . . . . . . . . . . . . . . . . Other deductions (attach statement) . . . . . . . . . . . . . . . . . . . . . Total deductions. Add lines 9 through 15 . . . . . . . . . . . . . . . . . . . Taxable income before specific deduction of $100. See instructions. Section 501(c) organizations show: Amount of net investment income . . . . . . . . . . . . . . Aggregate amount expended for an exempt function (attach statement) . . Specific deduction of $100 (not allowed for newsletter funds defined under section 527(g)) . . . . Taxable income. Subtract line 18 from line 17c. If line 19 is zero or less, see the instructions . . . . Income tax. See instructions . . . . . . . . . . . . . . . . . . . . . . . Tax credits. Attach the applicable credit forms. See instructions . . . . . . . . . . . . Total tax. Subtract line 21 from line 20 . . . . . . . . . . . . . . . . . . . . . Payments: a Tax deposited with Form 7004 . . . . . . . . . 23a b Credit for tax paid on undistributed capital gains (attach Form 2439) 23b c Credit for federal tax on fuels (attach Form 4136) . . . . 23c d Elective payment election amount from Form 3800 (section 527 organization only) . . e Total payments. Add lines 23a through 23d . . . . . . . . . . . . . . Tax due. Subtract line 23e from line 22. See instructions for depository method of payment . . . . Overpayment. Subtract line 22 from line 23e . . . . . . . . . . . . . . . . . . Additional Information 1 Sign Here City or town, state or province, country, and ZIP or foreign postal code 17c 18 19 20 21 22 23d 23e 24 25 At any time during the 2023 calendar year, did the organization have an interest in or a signature or other authority over a financial account (such as a bank account, securities account, or other financial account) in a foreign country? See instructions . . . . . . . . . . . . . . . . . . Yes No 2 If “Yes,” enter the name of the foreign country During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust? If “Yes,” the organization may have to file Form 3520 . . . . . . . . . . Yes No 3 4 5a c Enter the amount of tax-exempt interest received or accrued during the tax year . . . . Date organization formed The books are in care of b Enter name of candidate The books are located at d Telephone No. . . $ Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Signature of officer Paid Preparer Use Only Print/Type preparer’s name Date Preparer’s signature May the IRS discuss this return with the preparer shown below? See instructions Yes No Title Date Firm’s name Firm’s EIN Firm’s address For Paperwork Reduction Act Notice, see instructions. PTIN Check if self-employed Phone no. Cat. No. 11523K Form 1120-POL (2023)
2023 Form 1120-POL
More about the Federal Form 1120-POL Corporate Income Tax Tax Return TY 2023
We last updated the U.S. Income Tax Return for Certain Political Organizations in January 2024, so this is the latest version of Form 1120-POL, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 1120-POL 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 1040 | U.S. Individual Income Tax Return |
1040 (Schedule B) | Interest and Ordinary Dividends |
Form W-3 | Transmittal of Wage and Tax Statements |
Form 1120-H | U.S. Income Tax Return for Homeowners Associations |
Form 941 | Employer's Quarterly Federal Tax Return |
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 Form 1120-POL from the Internal Revenue Service in January 2024.
Form 1120-POL is a Federal Corporate Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.
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 Form 1120-POL
We have a total of thirteen past-year versions of Form 1120-POL in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Form 1120-POL
2022 Form 1120-POL
2021 Form 1120-POL
2020 Form 1120-POL
2019 Form 1120-POL
2018 Form 1120-POL
2017 Form 1120-POL
2016 Form 1120-POL
2015 Form 1120-POL
2014 Form 1120-POL
2013 Form 1120-POL
2012 Form 1120-POL
2011 Form 1120-POL
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