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This video covers IRS Form 966 for corporate dissolutions or liquidations. It is required for closing down a US corporation, including regular for-profit corporations and LLCs taxed as a C-corp. The form must be filed within 30 days after adopting a plan to close the entity. The form includes information such as the corporation's name, mailing address, EIN, and type of return being filed. It is important to ensure that all required elements are included for accurate filing.