Home
Forms Library
2002 Form 1120L U S Life Insurance Company Income Tax Return

2002 Form 1120L U S Life Insurance Company Income Tax Return-2025

2002 Form 1120L U S Life Insurance Company Income Tax Return Preview on Page 1

See details

4 out of 5

31 votes

The document is Form 1120-L, a U.S. Life Insurance Company Income Tax Return for the tax year 2002. It includes sections for reporting income, deductions, and tax computations specific to life insurance companies, along with various schedules detailing dividends, investment income, reserves, and policy acquisition expenses. The form requires information on gross premiums, net capital gains, taxable income calculations, and other financial details necessary for tax assessment by the Internal Revenue Service.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to modify 2002 Form 1120L U S Life Insurance Company Income Tax Return in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Handling documents with our extensive and user-friendly PDF editor is easy. Make the steps below to fill out 2002 Form 1120L U S Life Insurance Company Income Tax Return online easily and quickly:

Log in to your account. Sign up with your email and password or register a free account to try the product prior to upgrading the subscription.
Import a form. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit 2002 Form 1120L U S Life Insurance Company Income Tax Return. Quickly add and highlight text, insert images, checkmarks, and signs, drop new fillable fields, and rearrange or remove pages from your document.
Get the 2002 Form 1120L U S Life Insurance Company Income Tax Return completed. Download your adjusted document, export it to the cloud, print it from the editor, or share it with other participants using a Shareable link or as an email attachment.

Take advantage of DocHub, one of the most easy-to-use editors to quickly manage your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What goes into 1120?

A startup founder will need to provide their EIN when filling out Form 1120, along with other financial and business information such as the date of incorporation, total assets, gross receipts and sales, cost of goods sold (COGS), tax deductions, tax credits, capital gains, dividend, interest, and royalties earned,

Do you have to report life insurance proceeds on tax return?

Generally, life insurance proceeds you receive as a beneficiary due to the death of the insured person, arent includable in gross income and you dont have to report them. However, any interest you receive is taxable and you should report it as interest received.

What is the difference between an 1120 and an 1120S tax return?

Both C and S corporations must file a federal income tax return. C corporations use Form 1120 to calculate their taxes due. S corporations use Form 1120S as an information return. S corporations must also prepare a form 10 K-1 for each shareholder to include with their individual returns.

What happens if you dont file form 1120?

ing to the IRS, the penalty for not filing Form 1120 by the due date (including extensions) is 5% of the tax due for each full or partial month that the return is late, up to a maximum of 25%. The minimum penalty for a return that is more than 60 days late is the smaller of $450 or the 100% of the unpaid tax due.

Where do I put life insurance on tax return?

You should receive a Form 1099-R showing the total proceeds and the taxable part. Report these amounts on lines 5a and 5b of Form 1040 or 1040-SR.

What is an 1120 corporation income tax return?

A corporation that is a component member of a controlled group must use Schedule O (Form 1120) to report the apportionment of taxable income, income tax, and certain tax benefits between all component members of the group.

Who must file an 1120?

Unless exempt under section 501, all domestic corporations (including corporations in bankruptcy) must file an income tax return whether or not they have taxable income. Domestic corporations must file Form 1120, unless they are required, or elect to file a special return.

2002 Form 1120L U S Life Insurance Company Income Tax Return-2025

Here's how it works