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afm171
Apr 14, 2013, 07:15 PM
How to report "Other Deductions" for a C Corp.

The instructions for Line 22 on the 1120-A say to include "a schedule" to report other deductions, but does not specify "which" schedule. Is there an actual form for this or do I just type it up?

The Schedule C looks about right, but says it is for Sole Proprietorships. It also says partnerships should use a Form 1065 - but what about Corporations?

Inquiring minds want to know...

AtlantaTaxExpert
Apr 14, 2013, 10:19 PM
The schedule is a simple statement that shows the deduction in questions by type and amount.