Form 1120-Ric - Instructions Income Tax - 2001 (Page 3 of 12) in pdf

during the tax year. See Question 5, Schedule

N (Form 1120).

Where To File

Form 5452, Corporate Report of Nondividend

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

Distributions.

Form 5471, Information Return of U.S.

If the fund’s principal

And the total assets at the

Use the following Internal

Persons With Respect to Certain Foreign

business, office, or agency

end of the tax year (Form

Revenue Service Center

Corporations. The fund may have to file Form

is located in:

1120-RIC, page 1, item D)

address:

5471 if it meets any of the following conditions:

•

are:

It controls a foreign corporation,

•

It acquires, disposes of, or owns 10% or

Connecticut, Delaware, District

more in value or vote of the outstanding stock

of Columbia, Illinois, Indiana,

of a foreign corporation, or

Kentucky, Maine, Maryland,

•

It had control of a foreign corporation for an

Massachusetts, Michigan, New

Less than $10 million

Cincinnati, OH 45999-0012

uninterrupted period of at least 30 days during

Hampshire, New Jersey, New

the annual accounting period of the foreign

York, North Carolina, Ohio,

corporation. See Question 4, Schedule N

Pennsylvania, Rhode Island,

(Form 1120).

South Carolina, Vermont,

$10 million or more

Ogden, UT 84201-0012

Form 5472, Information Return of a 25%

Virginia, West Virginia,

Foreign-Owned U.S. Corporation or a Foreign

Wisconsin

Corporation Engaged in a U.S. Trade or

Business. This form is filed if the fund is 25%

Alabama, Alaska, Arizona,

or more foreign-owned. See Question 5,

Arkansas, California,

Schedule K, on page 11.

Colorado, Florida, Georgia,

Form 5498, IRA Contribution Information:

Hawaii, Idaho, Iowa, Kansas,

Report contributions (including rollover

Louisiana, Minnesota,

contributions) to any IRA, including a SEP,

Mississippi, Missouri,

Any amount

Ogden, UT 84201-0012

SIMPLE, Roth IRA and Coverdell ESA, and to

Montana, Nebraska, Nevada,

report Roth conversions, IRA

New Mexico, North Dakota,

recharacterizations, and the fair market value

Oklahoma, Oregon, South

of the account.

Dakota, Tennessee, Texas,

Form 5498-MSA, Archer MSA or

Utah, Washington, Wyoming

Medicare+Choice MSA Information. Report

contributions to an Archer MSA and the fair

market value of an Archer MSA or

Form 972, Consent of Shareholder To Include

health and medical services; rent or royalty

Medicare+Choice MSA.

Specific Amount in Gross Income, and Form

payments; and nonemployee compensation).

For more information, see the general and

973, Corporation Claim for Deduction for

Note: Every fund must file Form

specific Instructions for Forms 1099, 1098,

Consent Dividends. Use these forms to report

1099-MISC if it makes payments of rents,

5498, and W-2G.

a consent dividend under section 565 or to

commissions, or other fixed or determinable

Form 5713, International Boycott Report.

claim a consent dividend deduction under

income (see section 6041) totaling $600 or

Funds that had operations in, or related to,

section 561.

more to any one person in the course of its

certain “boycotting” countries file Form 5713.

trade or business during the calendar year.

Form 1042, Annual Withholding Tax Return

Form 8275, Disclosure Statement, and Form

for U.S. Source Income of Foreign Persons;

Form 1099-MSA. Report distributions from an

8275-R, Regulation Disclosure Statement.

and Form 1042-S, Foreign Person’s U.S.

Archer MSA or Medicare+Choice MSA.

These forms are used to disclose items or

Source Income Subject to Withholding. Use

Form 1099-OID. Report original issue

positions taken on a tax return that are not

these forms to report and send withheld tax on

discount.

otherwise adequately disclosed or that are

payments or distributions made to nonresident

Form 1099-PATR. Report distributions from

contrary to Treasury regulations (to avoid parts

alien individuals, foreign partnerships, or

cooperatives to their patrons.

of the accuracy-related penalty or certain

foreign corporations to the extent these

preparer penalties).

payments constitute gross income from

Form 1099-R. Report distributions from

sources within the United States (see sections

pensions, annuities, retirement or profit-sharing

Form 8281, Information Return for Publicly

861 through 865).

plans, any individual retirement arrangements

Offered Original Issue Discount Instruments:

(IRAs) (including SEPs, SIMPLEs, Roth IRAs

Report the issuance of public offerings of debt

Also see Pub. 515, Withholding of Tax on

and Coverdell ESAs, Roth conversions and

instruments (obligations).

Nonresident Aliens and Foreign Entities, and

IRA recharacterizations), or insurance

sections 1441 and 1442.

Form 8300, Report of Cash Payments Over

contracts.

$10,000 Received in a Trade or Business:

Form 1096, Annual Summary and Transmittal

Form 1099-S. Report gross proceeds from the

Report the receipt of more than $10,000 in

of U.S. Information Returns. Use Form 1096 to

sale or exchange of real estate transactions.

cash or foreign currency in one transaction or a

transmit Forms 1099, 1098, 5498, and W-2G to

series of related transactions.

Also use these returns to report amounts

the Internal Revenue Service.

received as a nominee for another person.

Form 8613, Return of Excise Tax on

Form 1098, Mortgage Interest Statement:

Undistributed Income of Regulated Investment

Form 2438, Undistributed Capital Gains Tax

Report the receipt from any individual of $600

Companies. If the fund is liable for the 4%

Return. If the fund designates undistributed

or more of mortgage interest (including points)

excise tax on undistributed income under

capital gains under section 852(b)(3)(D), it

in the course of the fund’s trade or business

section 4982 or makes an election under

must file this return and pay tax on the gains

and reimbursements of overpaid interest.

section 4982(e)(4), it must file this return for

designated by the 30th day after the end of the

Form 1099-A. Report Acquisitions and

the calendar year.

fund’s tax year. In addition, a copy of Form

abandonments of secured property.

2438 (with Copy A of all Forms 2439) must be

Form 8621, Return by a Shareholder of a

Form 1099-B. Report proceeds from broker

attached to Form 1120-RIC when filed.

Passive Foreign Investment Company or

and barter exchange transactions.

Qualified Electing Fund. Use this form to make

Form 2439, Notice to Shareholder of

certain elections by shareholders in a passive

Form 1099-C. Report cancellation of a debt.

Undistributed Long-Term Capital Gains. If the

foreign investment company and to figure

fund filed Form 2438, it must complete Form

Form 1099-DIV. Report certain dividends and

certain deferred taxes.

2439 for each shareholder for whom it paid tax

distributions.

on undistributed capital gains and furnish a

Form 8842, Election To Use Different

Form 1099-INT. Report interest income.

copy to the shareholder by the 60th day after

Annualization Periods for Corporate Estimated

Form 1099-LTC. Report certain payments

the end of the fund’s tax year.

Tax. Funds use Form 8842 to elect one of the

made under a long-term care insurance

annualization periods in section 6655(e)(2) to

Form 3520, Annual Return To Report

contract, and certain accelerated death

figure estimated tax payments under the

Transactions With Foreign Trusts and Receipt

benefits.

annualized income installment method.

of Certain Foreign Gifts. Use this form if the

Form 1099-MISC. Report miscellaneous

fund received a distribution from a foreign trust;

Form 8865, Return of U.S. Persons With

income (e.g., payments to certain fishing boat

or, if the fund was the grantor of, transferor to,

Respect To Certain Foreign Partnerships. A

crew members; payments to providers of

or transferor of a foreign trust that existed

fund may have to file Form 8865 if it:

-3-

Form 1120-Ric - Instructions Income Tax - 2001 Page 3

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