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generally file by the 15th day of the 3rd

complete that section. Generally,

Give the IRS any information that is

month after the date of dissolution.

anyone who is paid to prepare the

missing from the return,

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return must sign it and fill in the “Paid

Call the IRS for information about the

If the due date falls on a Saturday,

Preparer’s Use Only” area.

processing of the return or the status of

Sunday, or legal holiday, the RIC may

any related refund or payment(s), and

file its return on the next business day.

The paid preparer must complete the

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Respond to certain IRS notices about

required preparer information and:

Private delivery services

math errors, offsets, and return

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Sign the return in the space provided

preparation.

RICs can use certain private delivery

for the preparer’s signature.

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services designated by the IRS to meet

Give a copy of the return to the

The RIC is not authorizing the paid

the “timely mailing as timely filing/

corporation.

preparer to receive any refund check,

paying” rule for tax returns and

bind the RIC to anything (including any

Note. A paid preparer may sign original

payments.

additional tax liability), or otherwise

or amended returns by rubber stamp,

These private delivery services

represent the RIC before the IRS.

mechanical device, or computer

include only the following.

software program.

The authorization will automatically

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DHL Express (DHL): DHL Same Day

end no later than the due date

Service, DHL Next Day 10:30 am, DHL

Paid Preparer

(excluding extensions) for filing the

Next Day 12:00 pm, DHL Next Day

RIC’s 2007 tax return. If the RIC wants

3:00 pm, and DHL 2nd Day Service.

Authorization

to expand the paid preparer’s

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Federal Express (FedEx): FedEx

authorization or revoke the

If the RIC wants to allow the IRS to

Priority Overnight, FedEx Standard

authorization before it ends, see Pub.

discuss its 2006 tax return with the paid

Overnight, FedEx 2Day, FedEx

947, Practice Before the IRS and

preparer who signed the return, check

International Priority, and FedEx

Power of Attorney.

the “Yes” box in the signature area.

International First.

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This authorization applies only to the

United Parcel Service (UPS): UPS

Other Forms That May

individual whose signature appears in

Next Day Air, UPS Next Day Air Saver,

the “Paid Preparer’s Use Only” section

UPS 2nd Day Air, UPS 2nd Day Air

Be Required

of the RIC’s return. It does not apply to

A.M., UPS Worldwide Express Plus,

the firm, if any, shown in that section.

In addition to Form 1120-RIC, the RIC

and UPS Worldwide Express.

may have to file some of the following

If the “Yes” box is checked, the RIC

The private delivery service can tell

forms. Also see Pub. 542,

is authorizing the IRS to call the paid

you how to get written proof of the

Corporations, for an expanded list of

preparer to answer any questions that

mailing date.

forms the RIC may be required to file.

may arise during the processing of its

Private delivery services cannot

return. The RIC is also authorizing the

Form 1096, Annual Summary and

deliver items to P.O. boxes. You

paid preparer to:

Transmittal of U.S. Information Returns.

must use the U.S. Postal

CAUTION

Service to mail any item to an IRS P.O.

box address.

Where To File

Extension of time to file

To request an extension of time to file,

file Form 7004, Application for

File the RIC’s return at the applicable IRS address listed below.

Automatic 6-Month Extension of Time

To File Certain Business Income Tax,

If the RIC’s principal

And the total assets at the

Use the following Internal

Information, and Other Returns, where

business, office, or agency

end of the tax year (Form

Revenue Service Center

is located in:

1120-RIC, page 1, item D)

address:

you file your return. Generally, file Form

are:

7004 by the regular due date of the

return.

Connecticut, Delaware, District

of Columbia, Illinois, Indiana,

Who Must Sign

Kentucky, Maine, Maryland,

Massachusetts, Michigan, New

Less than $10 million

Cincinnati, OH 45999-0012

The return must be signed and dated

Hampshire, New Jersey, New

by:

York, North Carolina, Ohio,

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The president, vice president,

Pennsylvania, Rhode Island,

treasurer, assistant treasurer, chief

South Carolina, Vermont,

$10 million or more

Ogden, UT 84201-0012

accounting officer or

Virginia, West Virginia,

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Any other corporate officer (such as

Wisconsin

tax officer) authorized to sign.

Alabama, Alaska, Arizona,

If a return is filed on behalf of a RIC

Arkansas, California, Colorado,

by a receiver, trustee or assignee, the

Florida, Georgia, Hawaii,

fiduciary must sign the return, not the

Idaho, Iowa, Kansas,

corporate officer.

Louisiana, Minnesota,

Mississippi, Missouri, Montana,

Any amount

Ogden, UT 84201-0012

Note. If this return is being filed for a

Nebraska, Nevada, New

series fund (as defined in section

Mexico, North Dakota,

851(g)(2)), the return may be signed by

Oklahoma, Oregon, South

any officer authorized to sign for the

Dakota, Tennessee, Texas,

RIC in which the fund is a series.

Utah, Washington, Wyoming

If an employee of the RIC completes

Form 1120-RIC, the paid preparer’s

A group of corporations with members located in more than one service center

space should remain blank. A preparer

area will often keep all the books and records at the principal office of the

who does not charge the RIC to

managing corporation. In this case, file the tax returns with the service center for

prepare Form 1120-RIC should not

the area in which the principal office of the managing corporation is located.

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Instructions For Form 1120-Ric - U.s. Income Tax Return For Regulated Investment Companies - 2006 Page 3

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