The Claim
A calendar-year C corporation files its federal income tax return on Form 1120.
The statement accurately describes the standard federal filing rule for a domestic calendar-year C corporation. IRS instructions establish that such corporations generally use Form 1120. Limited exceptions exist for corporations required or permitted to file specialized returns, but they do not materially undermine the ordinary rule.
Claim:
An S corporation files its federal income tax return on Internal Revenue…
TOTAL BS
Claim:
A calendar-year C corporation's federal income tax return is due on April 15.
NOT BS
Claim:
A calendar-year C corporation can obtain an automatic six-month extension to…
NOT BS
Claim:
An S corporation has an April 15 federal income tax return filing deadline.
MOSTLY BS