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Threshold for the gross receipts test on Form 1120-IC-DISC, Schedule O increased to $27 million for 2022 and $29 million for 2023
The form and instructions for Form 1120-IC-DISC, Schedule O, line 8 were not revised after December 2021 to include the inflationary amounts for the gross receipts test for tax years 2022 and 2023.
Forms and Instructions
Small Businesses