Cris,
The suspended notification is probably from the state rather than the IRS. In our state if a corporation does not file its annual registration renewal for 3 years the Secretary of State will inactivate the corporation, but it can be reactivated by simply filing a form and paying $25. You might have a similar situation in your state.
The IRS requires a return to be filed for any year where there is corporate activity or assets.
I don’t know what you mean by your question involving 04, 05, and 06. Are you asking whether you need to determine your client’s filing status, eg., single, MFJ, etc.?
John Stevens, EA
Stevens Tax & Accounting, Inc., dba Equi-Tax
651-773-5000
FAX 651-457-4529
equitax@unique-software.com
www.equitax.net
From:
Sent: 12/02/2008 5:02 PM
To:
Subject: [taxchat] Corporation "Suspended
This is a first for me; I have a new client that dropped all her paperwork, and included in the mess was a report that stated the status of the corp is “Suspended” as of 10.31.08.
Do I still file the 1120 in this situation?
Also we are preparing back taxes 04,05,06 – do I need to find out what her status was for those years?
I am totally at a lost for this one.
Thanks,
cris
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