Instructions For Form 1120-Ic-Disc - 2004 (Page 13 of 15) in pdf

Line 3. Related U.S. Persons

Question 7. Tax-exempt interest. Show

or group of transactions to which you apply

any tax-exempt interest received or accrued.

the intercompany pricing rules of section

Enter on line 3 the name, address, and

Include any exempt-interest dividends

994(a)(1) and (2).

identifying number of related U.S. persons in

received as a shareholder in a mutual fund

your controlled group.

or other regulated investment company.

Schedule O

Schedule P

Other Information

Question 6. Boycott of Israel. If question

Intercompany Transfer Price or

6a, 6b, or 6c is checked “Yes,” the IC-DISC

Commission

must file Form 5713 and is also deemed to

distribute part of its income. See Form 5713

Complete and attach a separate Schedule P

for more information.

(Form 1120-IC-DISC) for each transaction

Privacy Act and Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of the

United States. You are required to give us the information. We need it to ensure that you are complying with these laws and to allow us to

figure and collect the right amount of tax. Section 6109 requires return preparers to provide their identifying numbers on the return.

You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form

displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may

become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as

required by section 6103.

The time needed to complete and file the following forms will vary depending on individual circumstances. The estimated average times

are:

Copying, assembling,

Learning about the law or

and sending the form to

Form

Recordkeeping

the form

Preparing the form

the IRS

1120-IC-DISC

94 hr., 56 min.

20 hr.

30 hr., 48 min.

2 hr., 24 min.

Schedule K

4 hr., 4 min.

18 min.

22 min.

— — —

Schedule P

12 hr., 40 min.

1 hr., 29 min.

1 hr., 46 min.

— — —

If you have comments concerning the accuracy of these time estimates or suggestions for making these forms simpler, we would be

happy to hear from you. You can write to the Internal Revenue Service, Tax Products Coordinating Committee, SE:W:CAR:MP:T:T:SP,

1111 Constitution Ave. NW, IR-6406, Washington, D.C. 20224. Do not send these tax forms to this office. Instead, see Where To File on

page 2.

-13-

Instructions for Form 1120-IC-DISC

Instructions For Form 1120-Ic-Disc - 2004 Page 13

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