Form F-1122 Authorization and Consent of Subsidiary Corporation to Be Included in a Consolidated Income Tax Return - Florida

What Is Form F-1122?

This is a legal form that was released by the Florida Department of Revenue - a government authority operating within Florida. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form F-1122?
A: Form F-1122 is the Authorization and Consent of a Subsidiary Corporation to be Included in a Consolidated Income Tax Return.

Q: What is a subsidiary corporation?
A: A subsidiary corporation is a company that is owned or controlled by another company, known as the parent company.

Q: What is a consolidated income tax return?
A: A consolidated income tax return is a single tax return filed by a group of affiliated corporations.

Q: Who needs to file Form F-1122?
A: A subsidiary corporation that wants to be included in a consolidated income tax return needs to file Form F-1122.

Q: Does this form apply to all states?
A: No, this form specifically applies to the state of Florida.

Q: What information is required on Form F-1122?
A: Form F-1122 requires information about the subsidiary corporation, the parent company, and their relationship.

Q: Is there a deadline for filing Form F-1122?
A: Yes, Form F-1122 must be filed by the due date of the consolidated income tax return.

Q: Can a subsidiary corporation choose not to file Form F-1122?
A: Yes, a subsidiary corporation has the option to not be included in a consolidated income tax return by not filing Form F-1122.

Q: Are there any penalties for not filing Form F-1122?
A: Yes, failure to file Form F-1122 may result in the subsidiary corporation not being included in the consolidated income tax return.