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New Member
posted Mar 2, 2020 12:19:14 PM

Form 1120H. Our HOA has no taxable income. How to calculate the form, especially considering the automatic deduction of $100?

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1 Best answer
Level 15
Mar 2, 2020 12:25:06 PM

Form 1120-H is only supported by TurboTax Business.

 

See https://turbotax.intuit.com/small-business-taxes/

 

You can download the form from the site below, but preparing the form yourself is not recommended unless you have prior experience or professional guidance.

 

https://www.irs.gov/instructions/i1120h

1 Replies
Level 15
Mar 2, 2020 12:25:06 PM

Form 1120-H is only supported by TurboTax Business.

 

See https://turbotax.intuit.com/small-business-taxes/

 

You can download the form from the site below, but preparing the form yourself is not recommended unless you have prior experience or professional guidance.

 

https://www.irs.gov/instructions/i1120h