Instructions for Arizona Form 120 Arizona Corporation Income Tax Return - Arizona

Arizona Form 120 (ADOR10336) Arizona Corporation Income Tax Return - Arizona

This document contains official instructions for Arizona Form 120 , Arizona Corporation Income Tax Return - a form released and collected by the Arizona Department of Revenue. An up-to-date fillable Arizona Form 120 (ADOR10336) is available for download through this link.

FAQ

Q: What is Form 120?A: Form 120 is the Arizona Corporation Income Tax Return.

Q: Who needs to file Form 120?A: Corporations that have income from Arizona sources or that do business in Arizona need to file Form 120.

Q: When is the deadline to file Form 120?A: The deadline to file Form 120 is the 15th day of the fourth month following the end of the corporation's fiscal year.

Q: Are there any extensions available for filing Form 120?A: Yes, corporations can request an extension of time to file Form 120. The extension request must be filed by the original due date of the return.

Q: What information do I need to complete Form 120?A: You will need to provide information about the corporation's income, deductions, credits, and other relevant details.

Q: Is there a penalty for filing Form 120 late?A: Yes, there is a penalty for filing Form 120 late. The penalty is based on the amount of tax owed and the length of the delay.

Q: Can I file Form 120 electronically?A: Yes, you can file Form 120 electronically using the Arizona Department of Revenue's eFile system.

Q: Can I claim a refund on Form 120?A: Yes, if the corporation overpaid its taxes, it can claim a refund on Form 120.