A corporation or a farmer’s cooperative must file Form 966, Corporate Dissolution or Liquidation if it adopts a resolution or plan to dissolve the corporation or liquidate any of its stock. Form 966 must be filed within 30 days after the resolution or plan is adopted to dissolve the corporation or liquidate any of its stock. Form 966 is filed with the Internal Revenue Service Center at the address where the corporation or cooperative files its income tax return.
There are several exceptions to using this form:
- Form 990 and 990-PF filers should follow the form instructions for the additional information to include with the final return.
- Subchapter S subsidiaries should refer to Form 8869, Qualified Subchapter S Subsidiary Election.
- A deemed liquidation is not reported using this form. For example, the election to be treated as a disregarded entity is made using Form 8832.
TaxSlayer Pro does not currently support this form. It can completed and printed at the IRS website here.