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You can mail or electronically file Form 966. You must register for an account on the IRS website in order to submit online. If filing by mail, the corporation must mail its completed form to the IRS Service Center along with its income tax return.
Box 7704, San Francisco, CA 94120-7704.
Form 941, Employers Quarterly Federal Tax Return, or Form 944, Employers Annual Federal Tax Return, for the quarter in which you make final wage payments. Check the box to tell the IRS your business has closed and enter the date final wages were paid on line 17 of Form 941 or line 14 of Form 944.
If Form 966 is not filed within 30 days after the adoption of a resolution or plan to dissolve or liquidate, the IRS may impose penalties for late filing. The penalty amount may vary depending on the size of the corporation or LLC.
How To Complete Form 966: A Step-by-Step Guide Step 1: Obtain the form. Step 2: Provide basic information. Step 3: Choose the applicable election. Step 4: Provide shareholder details. Step 5: Sign and date the form. Step 6: Retain a copy. Step 7: Submit the form.
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As provided by the IRS: A corporation (or a farmers cooperative) must file Form 966 if it adopts a resolution or plan to dissolve the corporation or liquidate any of its stock. Exempt organizations and qualified subchapter S subsidiaries should not file Form 966.
File Form 966 with the Internal Revenue Service Center at the address where the corporation (or cooperative) files its income tax return.