What forms do I need to make sure to file for my startup's C-Corp taxes?

2 pointsky0ung6y ago1 comments

As a quick background, I opened my Delaware c-corp this past summer and wanted to make sure I was filing the correct forms. I need to file a Form S-1120 (federal), and pay Delaware franchise taxes. Is there State taxes I have to pay? My startup is based in NYC.

My startup has minimal expenses (website operating fees, few hundred spent on ads, incorporation costs) so I'm trying to file my c-corp taxes by myself.

1 comments

verdverm6y ago

Get an accountant, keep it clean. You don't want fines and penalties. Have you been paying estimates throughout the year?

Most likely, you do have to pay state taxes in addition to federal and Delaware franchise. Them NY taxes are on the stiff side too

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What forms do I need to make sure to file for my startup's C-Corp taxes?

2 pointsky0ung6y ago1 comments

My startup has minimal expenses (website operating fees, few hundred spent on ads, incorporation costs) so I'm trying to file my c-corp taxes by myself.

1 comments

verdverm6y ago

Get an accountant, keep it clean. You don't want fines and penalties. Have you been paying estimates throughout the year?

Most likely, you do have to pay state taxes in addition to federal and Delaware franchise. Them NY taxes are on the stiff side too

j / k navigate · click thread line to collapse