Schedule G (Form 1120) - Dec 2011

Schedule G (Form 1120) is used to provide information applicable to certain entities, individuals, and estates that own, directly, 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the corporation’s stock entitled to vote. The completed form should be attached to Form 1120 and submitted to the Internal Revenue Service.

Every corporation that answers “Yes” to Form 1120, Schedule K, Questions 4a or 4b, must file Schedule G to provide the additional information requested for certain entities, individuals, and estates owning the corporation’s voting stock.

The completed Schedule G (Form 1120) should be attached to Form 1120 and submitted to the Internal Revenue Service.