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How to prepare Form 966
About Form 966
Form 966 is a form that needs to be filed by corporations that plan to dissolve, liquidate, merge, or consolidate. It is required by the Internal Revenue Service (IRS) and is used to provide information about the corporation's decision to terminate its existence. The form requires a corporation to provide identifying information such as the corporation's name, address, and taxpayer identification number (TIN), as well as details about the planned termination of the corporation. The form must be filed within 30 days of the adoption of a plan of dissolution or liquidation. In summary, any corporation that plans to dissolve, liquidate, merge, or consolidate needs to file Form 966 with the IRS.
What Is Form 966
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