1120 Schedule UTP Uncerttain Tax Position Statement

U.S. Business Income Tax Return

F1120 Sch UTP-2019

OMB: 1545-0123

Document [pdf]
Download: pdf | pdf
Note: The form, instructions, or publication you are looking
for begins after this coversheet.
Please review the updated information below.
Clarification to the instructions for providing concise descriptions for
undisclosed tax positions (UTPs) on Schedule UTP (Form 1120), Part III
For tax positions which would otherwise be reported on Forms 8275, Disclosure Statement, or
8275-R, Regulation Disclosure Statement, the concise description of UTPs in Schedule UTP,
Part III, should include the information required under those forms.
If you are disclosing a position contrary to a rule (such as a statutory provision or IRS
revenue ruling) reportable on Form 8275, you must identify the rule by name. See the
Instructions for Form 8275.
For tax positions reportable on Form 8275-R, enter the full citation for each regulation for
which you have taken a contrary position. The citation should specify the section number,
including all designations of smaller units (lettered or numbered subsections, paragraphs,
subparagraphs, and clauses) to which the contrary position relates. For example, enter
"1.482-7(d)(1)(iii)" instead of "482 regs" or "1.482-7.”

SCHEDULE UTP
(Form 1120)

Uncertain Tax Position Statement

(Rev. December 2019)
Department of the Treasury
Internal Revenue Service

with Form 1120, 1120-F, 1120-L, or 1120-PC.
▶ Go to www.irs.gov/ScheduleUTP for instructions and the latest information.
EIN of entity

Name of entity as shown on page 1 of tax return

of

This Part I, Schedule UTP (Form 1120) is page

Part I

OMB No. 1545-0123

▶ File

Part I pages.

Uncertain Tax Positions for the Current Tax Year. See instructions for how to complete columns (a) through (g).
Enter, in Part III, a description for each uncertain tax position (UTP).
Check this box if the corporation was unable to obtain information from related parties sufficient to determine whether a
tax position is a UTP. See instructions. ▶
(b)
Primary IRC Sections
(for example, “61,” “108,” “263A”)

(a)
UTP No.

(c)
Timing Codes
(check if
Permanent,
Temporary, or
both)

Primary IRC Subsections
(for example, (f)(2)(A)(ii))

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

C

( ) ( ) ( )(
) ( ) ( ) ( )(
) ( ) ( ) ( )(
)
For Paperwork Reduction Act Notice, see the Instructions for Form 1120.

(d)
Pass-Through
Entity EIN

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

Cat. No. 54658Q

(f)
(e)
(g)
Ranking of
Major Tax
Reserved for
Tax
Position
Future Use
Position

Schedule UTP (Form 1120) (Rev. 12-2019)

Page 2

Schedule UTP (Form 1120) (Rev. 12-2019)
EIN of entity

Name of entity as shown on page 1 of tax return

of

This Part II, Schedule UTP (Form 1120) is page

Part II

Part II pages.

Uncertain Tax Positions for Prior Tax Years.
See instructions for how to complete columns (a) through (h). Enter, in Part III, a description for each uncertain tax
position (UTP).
Check this box if the corporation was unable to obtain information from related parties sufficient to determine whether a
tax position is a UTP. See instructions. ▶
(c)
Timing
Codes
(check if
Permanent,
Temporary,
or both)

(b)
Primary IRC Sections
(for example, “61,” “108,” “263A”)

(a)
UTP No.

Primary IRC Subsections
(for example, (f)(2)(A)(ii))

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

P

(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)(

)

(d)
Pass-Through
Entity EIN

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

P

T

-

(e)
(f)
(g)
Major Ranking Reserved
Tax
of Tax for Future
Position Position
Use

(h)
Year of Tax
Position

Schedule UTP (Form 1120) (Rev. 12-2019)

Page 3

Schedule UTP (Form 1120) (Rev. 12-2019)
EIN of entity

Name of entity as shown on page 1 of tax return

This Part III, Schedule UTP (Form 1120) is page

Part III
UTP
No.

of

Part III pages.

Concise Descriptions of UTPs. Indicate the corresponding UTP number from Part I, column (a) (for example, C1) or
Part II, column (a) (for example, P2). Use as many Part III pages as necessary. See instructions.
Concise Description of Uncertain Tax Position

Schedule UTP (Form 1120) (Rev. 12-2019)


File Typeapplication/pdf
File TitleSchedule UTP (Form 1120) (Rev. December 2019)
SubjectFillable
AuthorSE:W:CAR:MP
File Modified2020-11-09
File Created2020-11-09

© 2024 OMB.report | Privacy Policy