What is the form used for?
- Subsidiary corporations submit this form to the common parent corporation of the consolidated group for the first tax year the subsidiary consents to be included in the group’s consolidated income tax return.
Is the form Supported in our program? Yes
How to access the form: To access the form you will need to open an 1120 return on the desktop and then go to Add Form/Display then in the look for box type 1122.
Limits to the form: This form is a corporation form and can only be accessed from the desktop software. This form cannot be copied.
IRS Publication: https://www.irs.gov/forms-pubs/about-form-1122
