Advice Please for IRS Form 1120-H

Started by DarleneN • 3 replies • 1903 views

💬 Join us to post & get advice from 50,000 HOA & Condo leaders.

⚡ Takes 30 seconds

Already a member? Log in

DarleneN
Posts: 25

Posted:

I do the books for our condo. I see no problem filling out the 1120-H form and I've already registered where and how to pay it on line at EFTPS.

Here's my question.

Do I go to IRS.gov and fill out the form and submit it right there and then just go over to EFTPS and make the payment? I see where to go and fill out the form but it is not payable at that site. So, does the procedure require me to go separately to each site to completely do the procedure online?

I thank you!

TimB4 (Tennessee)
Posts: 21,059

Posted:

Darlene,

I'm basing this on last year. I completed 1120-H, printed and mailed the form and supporting documentation to the IRS. I then logged onto eftps.gov and made our payment.

Bruce knows more about this. Perhaps he will respond later.

DarleneN
Posts: 25

Posted:

Quote:

Posted By TimB4 on 12/04/2014 9:15 AM
Darlene,

I'm basing this on last year. I completed 1120-H, printed and mailed the form and supporting documentation to the IRS. I then logged onto eftps.gov and made our payment.

Bruce knows more about this. Perhaps he will respond later.

You are absolutely correct Tim !! I mistakenly thought it could be e-filed but a trip to the IRS site says "mail to". Sure, I could find e-file sites to the tune of $245.00, what a joke that is.

Oh, & part of my Excel budget sheet has a page for "Treasurer Report" with every necessary figure I need right in plain site all calculated for me.

I've been on this board for 3 years but took over the treasurer roll this year. I totally enjoy that & love to work in Excel.

D

CyrstalB (Maryland)
Posts: 457

Posted:

EFTPS is the IRS way of paying them directly. Your instructions for the 1120 will have your answer to this. You may be able to mail the form and pay them via EFT.

🎯 You've read this entire discussion

Join the conversation with 50,000 HOA & Condo Leaders:

✓ Ask follow-up questions
✓ Share your experience
✓ Get expert advice
✓ Access 350,000 discussions

Create Free Account →

⚡ Takes 30 seconds

Already a member? Log in here