Is the section B in the form 1120 Schedule C (Dividends, Inclusions, and Special Deductions) a fix percentage? if I didnt have any dividends or inclusions is this 0?
02625
2 Replies
M-MTax
Level 12
Jul 1, 2021 1:10:30 PM
It's a dollar amount.....they give you the fixed percentage on the form in column B.
Mike9241
Level 15
Jul 1, 2021 3:34:31 PM
it would be $0 since the %'s in column B are applied to $ amounts in column A and you are saying column A is all $0