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QUESTION
On February 12, 2002 Nancy Trout and Delores Lake formed Kingfisher Corporation to sell fishing tackle.
On February 12, 2002 Nancy Trout and Delores Lake formed Kingfisher Corporation to sell fishing tackle. Pertinent information is attached.
During 2014, Kingfisher made estimated tax payments of $43,750 each quarter to the IRS. Prepare a Form 1120 for Kingfisher for tax year 2014. Â Suggested tax software is Pro-Series.
Financial statements are attached.
