Instructions for Form 1120-RIC (2018)Internal Revenue Service-2025

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About Form 1120-RIC, U.S. Income Tax Return for Regulated Investment Companies.
Mailing addresses for Forms 1120-RIC And the total assets at the end of the tax year are Use the following IRS center address Any amount Department of the Treasury Internal Revenue Service Ogden, UT 84201-00122 more rows Jan 26, 2024
A regulated investment company (RIC) can be any one of several investment entities. For example, it may take the form of a mutual fund or exchange-traded fund (ETF), a real estate investment trust (REIT), or a unit investment trust (UIT).
To be eligible for this status, RICs are required to adhere to strict mandates, such as deriving at least 90% of their income from dividends, interest and capital gains from investment activities. Additionally, they must distribute at least 90% of their net investment income to their shareholders.
Requirements to Qualify as an RIC To qualify as a regulated investment company the business has to meet specific perimeters. Exist as a corporation, or other entity, which would ordinarily have taxes assessed as a corporation. Be registered as an investment company with the Securities and Exchange Commission (SEC).
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Regulated investment companies (RICs), commonly known as mutual funds, are corporations that act as investment agents for their shareholders, typically investing in government and corporate securities and distributing dividend and interest income earned from the investments as dividends to their shareholders.
Purpose of Form Use Form 1120-RIC, U.S. Income Tax Return for Regulated Investment Companies, to report the income, gains, losses, deductions, credits, and to figure the income tax liability of a regulated investment company (RIC) as defined in section 851.
Requirements to Qualify as an RIC Income sources: A company must secure at least 90% of its income from dividends, interest, securities loan payments and profits from stock or securities transactions, among other specified sources.

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