Form 966 questions (dissolving a corporation)
Jag Man
corporation
with limited remaining resources. I've found lots of helpful guidance at the
California Secretary of State Web site and elsewhere, but a few questions
remain. For example, I'm required to submit IRS Form 966 after
passing a corporate Election to Dissolve by the borad and shareholders.
My questions are:
1. There is a section at the upper right asking for "type of return," with
choices 1120, 1120S, 1120-L ,1120-IC-DISC, and Other.
Are they talking about the type of tax return the Corporation
HAS BEEN filing, or the type that WILL BE FILLED as the final?
For me there is a difference because I've been filing,1120-A, but I've read
that I must file 1120 as the final return. There is no 1120-A choice, but
I could list it as "Other".
2. In box 7a they ask for the last month, day and year of the final return.
However,
the final return won't be filed at the time I submit the 966. So do I put
the
date I PLAN to submit the final 1120, e.g., 12/31/2004, or just say "Not
applicable" since there
is no such date known at the time I file the 966?
3. There is a statement "Attach a certified copy of the resolution or plan
and all amendments or supplements
not previously filed." I assume they are talking about the "Election to
Dissolve"
voted by the shareholders. But what do they mean "Certified?" In other
words, Certified by whom? Do I have to take the documents to a Notary
Public,
or can I perhaps "certify" it myself as Coprorate President and Secretary,
and afix the
corperate seal?
I know these are kind of nit picking issues, but I don't want to mess it up
and cause
future grief.
TIA.
Ed