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Where do I enter Dividends and qualified dividends for a 2022 1120 corporation tax return?

Linda123
Level 1
 
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4 Comments 4
sjrcpa
Level 15

Nowhere for Qualified divs. It is not a corporate thing.


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Terry53029
Level 14
Level 14

You just enter total dividends under other income

sjrcpa
Level 15

Corp may be eligible for a dividends received deduction.


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Terry53029
Level 14
Level 14

FYI, A dividend exclusion is a provision by the Internal Revenue Service (IRS) that allows corporations to deduct a portion of their dividends received when they calculate their taxable income. Be sure you research before just adding the dividends to income

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