These are the instructions for 1120SF U.S. Income Tax Return for Settlement Funds(Under Section 468B). Use Form 1120-SF, U.S. Income Tax Return for Settlement Funds, to report transfers received, income earned, deductions claimed, distributions made, and to figure the income tax liability of a designated or qualified settlement fund. All section 468B designated and qualified settlement funds must file an annual income tax return on Form 1120-SF. Generally, a fund must file its income tax return by the 15th day of the 3rd month after the end of its tax year. |