Does the HOA need to file taxes

Started by PeggyH • 1 replies • 1354 views

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PeggyH (South Carolina)
Posts: 36

Posted:

I a on the board of a HOA in South Carolina, does anyone know if we need to file income taxes each year. The treasurer has in the past, and we were just wondering if that is necessary.

hoatalk (California)
Posts: 603

Posted:

Most likely, Yes you do.

Please use the forum search box (upper right above the forum) and search for taxes or tax. You will find much discussion on this.

You can also start with this one:
Filing form 1120H

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