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March 28, 2020
Question

Form 1120-H

  • March 28, 2020
  • 1 reply
  • 0 views

My expenditures are greater than my exempt function income on form 1120-H, is this ok?

1 reply

March 29, 2020

That is OK. It just means that you spent more than you brought in from exempt function income. That is not unusual.

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