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Annotate Plan Of Dissolution

Annotate Plan Of Dissolution

Aug 6th, 2022

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How to Annotate Plan Of Dissolution

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In this video, the presenter discusses IRS Form 966, which is required for corporate dissolutions or liquidations of U.S. corporations, including LLCs that have elected to be taxed as C Corporations. The form must be filed within 30 days after adopting a resolution to close the entity. The presenter reviews the form's elements, emphasizing the importance of accurate completion. Key details required include the corporation's name, mailing address, EIN, and the type of return being filed (e.g., C Corp return using Form 1120). The video aims to guide viewers in filling out the form correctly to ensure compliance with IRS regulations.

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