Glossary

Form 1120-L – U.S. Life Insurance Company Income Tax Return (reiterated under corporate forms)

What is Form 1120-L and How Does it Affect Life Insurance Companies?

Form 1120-L, the U.S. Life Insurance Company Income Tax Return, is a specialized IRS form that life insurance companies use to report their taxable income, calculate their tax liability, and claim deductions and credits. It is tailored to the unique financial structure and tax rules that apply to life insurance businesses.

Glossary Article

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