Knowledge Base

14153: 1120 - 966 - Corporate Dissolution or Liquidation

1120 Corporation

How can I create Form 966 in a Corporate or S corporation return? 

Data entry for Form 966 is available in the 1120 and 1120-S packages by going to the Assets-Sales-Recapture tab and choosing the 966 Dissolution or Liquidation screen. All of the fields are direct entry. The form is not eligible for e-filing. 

For more information, see the Form 966 Instructions

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