Form 1120 Corporation Income Calculator
Calculate monthly income from C-Corporation (Form 1120) returns with ownership percentages and comprehensive add-backs.
Upload Form 1120
Upload IRS Form 1120 pages to auto-fill fields. Upload one per tax year (max 2). Include Schedule L, M-1, and B pages if available.
Upload Form 1120
Drop or click to upload a 1120 image or PDF
C-Corporation Income Policy
Sum income items, add back non-cash expenses, subtract taxes and short-term debt, multiply by ownership %, then subtract dividends received. For conforming loans, 100% ownership is typically required.
Form 1120 Income Items
Enter line items from the corporation's Form 1120 tax return.
| Description | Line # | Sign | Year 1 (Most Recent) | Year 2 (Prior) |
|---|---|---|---|---|
| Capital Gain Net Income/Loss | 8 | +/− | ||
| Net Gain or Loss | 9 | +/− | ||
| Other Income or Loss | 10 | +/− | ||
| Depreciation | 20 | + | ||
| Depletion | 21 | + | ||
| Domestic Production Activities Deduction | 25 | + | ||
| Amortization/Casualty Loss | 26 | + | ||
| Net Operating Loss & Special Deductions | 29 | + | ||
| Taxable Income | 30 | +/− | ||
| Total Tax | 31 | − | ||
| Mortgages/Notes Payable < 1 Year | Sch L ln 17 | − | ||
| Meals & Entertainment Exclusion | Sch M-1 5c | − | ||
| Dividends Paid to Borrower | Sch B ln 5 | − |
%
For conforming loans, C-Corp income typically requires 100% ownership.
Year 1 Income
$0.00
Year 2 Income
$0.00
Monthly Income
$0.00
Result
Total Monthly Income
$0.00