Anonymous
Not applicable

Business & farm


@Rick19744 wrote:

To me, it's not clear on what the end goal is here

  • If there are no fees to be paid and the company has no intent to continue doing business, then at this point just file a final return.  This is technically due the 15th day of the 4th month upon which the company was administratively terminated by the state; as at this point the company is no longer "in business".

The corporation does not have sufficient funds to cover dissolution and it's been voided by the state. Can it file a final 1120 return even with outstanding liability to the state for Franchise Taxes?