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IRS 1120S 2024 Form online Nashville Tennessee: What You Should Know
Form 1120-S — IRS What Does “Qualified” mean? A corporation qualified to be a Qualified Small Business Corporation What is a Qualified Small Business Corporation? A domestic corporation that (1) has gross receipts from its trade or business less than 250,000; (2) does not maintain a physical presence in the United States more than 50 percent of the time for the taxable year for which it files its return; and (3) has a qualifying stock ownership as of December 31 of the year following the return year.
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