File Form 8404 by the due date of your federal income tax return (excluding extensions) for your tax year that ends with or includes the IC-DISC’s tax year end. For example, you are a fiscal year corporation with an August 1, 2024, to July 31, 2025, tax year and you are a shareholder in an IC-DISC with an August 1, 2024, to July

Jan 17, 2025 · Shareholders of Interest Charge Domestic International Sales Corporations (IC-DISCs) use this form to figure and report their interest owed on DISC-related deferred tax liability.

Jul 18, 2022 · Specifically, the act replaces provisions that define, for purposes of federal law, marriage as between a man and a woman and spouse as a person of the opposite sex with provisions that recognize any marriage between two individuals that is valid under state law.

Dec 31, 2023 · Form 8404 helps shareholders of Interest Charge Domestic International Sales Corporations (IC-DISCs) calculate and report interest owed on deferred tax liabilities. This applies only for tax years ending before December 31, 2023, as IC-DISCs were eliminated after 2021.

Oct 22, 2024 · Form 8404 is a critical component of tax compliance for IC-DISC shareholders. Accurate filing helps you manage deferred tax liabilities, ensuring compliance with IRS regulations while maximizing your export tax savings.

File Form 8404 by the due date of your federal income tax return (excluding extensions) for your tax year that ends with or includes the IC-DISC’s tax year end.

Quad connection scheme: The two blue wires (or wires directly opposite one another) are connected together to form one conductor, and similarly the two white wires (or remaining wires) are connected together to form the second conductor.

Essentials of Form 8404. Learn what you need to know before the form completion and check what you can do with our PDF template online.

Sep 19, 2017 · The interest charge is computed by the shareholder(s) of an IC-DISC and reported by filing Form 8404. This two-page form utilizes a simple calculation that must be completed and filed by the due date of the federal income tax return.