Federal housing law
1115 Form 1120 (Schedule PH) (PDF) 1
Federal housing law as enacted — verbatim and citable.
- Edition
- 2026-10-03
- Last updated
- 2026-10-04
- Jurisdiction
- United States
Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f1120sph.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).
SCHEDULE PH (Form 1120)
(Rev. November 2015)
Department of the Treasury Internal Revenue Service
U.S. Personal Holding Company (PHC) Tax¶
Attach to tax return.
Information about Schedule PH (Form 1120) and its separate instructions is at www.irs.gov/form1120.
OMB No. 1545-0123
Name Employer identification number
Part I Undistributed Personal Holding Company Income (see instructions)
| Additions | 1 Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . 2 Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . 3 Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
1 | |||
|---|---|---|---|---|---|
| Additions | **1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**2 ** | |
| Additions | **1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**3 ** | |
| Additions | **1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**1 ** Taxable income before net operating loss deduction and special deductions. Enter amount from Form 1120, line 28 . . . . . . . . . . . . . . . . . . . . . . **2 ** Contributions deducted in figuring line 1. Enter amount from Form 1120, line 19 . . . . **3 ** Excess expenses and depreciation under section 545(b)(6). Enter amount from Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . **4 ** Total. Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . |
**4 ** | |
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** | |
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**6 ** | |
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**7 ** | |
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
8c | |
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
8b | |||
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
8b | **9 ** | ||
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
8b | 10 | ||
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
8b | 11 | ||
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
8b | 12 | ||
| Deductions |
**5 ** Federal and foreign income, war profits, and excess profits taxes not deducted in figuring line 1 (attach schedule) . . . . . . . . . . . . . . . . . . . . . . **6 ** Contributions deductible under section 545(b)(2). See instructions for limitation . . . . **7 ** Net operating loss for the preceding tax year deductible under section 545(b)(4) . . . . 8 a Net capital gain from Schedule D (Form 1120), line 17 . . 8a **b ** **Less:**Income tax on this net capital gain (see section 545(b)(5)) (attach computation) . . . . . . . . . . 8b **9 ** Deduction for dividends paid (other than dividends paid after the end of the tax year). Enter amount from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . 10 Total. Add lines 5 through 9 . . . . . . . . . . . . . . . . . . . . . 11 Subtract line 10 from line 4 . . . . . . . . . . . . . . . . . . . . . 12 Dividends paid after the end of the tax year (other than deficiency dividends defined in section 547(d)), but not more than the smaller of line 11 or 20% of Part VI, line 1 . . . 13 **Undistributed PHC income.**Subtract line 12 from line 11 . . . . . . . . . . . |
8b | 13 |
collection of the PHC tax is any time within 6 years after the return is filed. See section 6501(f).
Part II Personal Holding Company Income (see instructions)
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a b Less: Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a b Less: Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a b Less: Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a b Less: Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 PHC income. Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
14a | 14c | ||
|---|---|---|---|---|
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
14b | |||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
15a | 15c | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
15b | |||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
15b | 16 | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
15b | 17 | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
15b | 18c | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
18b | |||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
19a | 19c | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
19b | |||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
19b | 20 | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
19b | 21 | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
19b | 22 | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
19b | 23 | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
19b | 24 | ||
| 14a Dividends . . . . . . . . . . . . . . . . . . . 14a **b Less:**Dividends excluded (under section 543(a)(1)(C)) . . . . 14b 15a Interest . . . . . . . . . . . . . . . . . . . 15a **b Less:**Amounts excluded (attach schedule) . . . . . . . 15b 16 Royalties (other than mineral, oil, gas, or copyright royalties) . . . . . . . . . . . . 17 Annuities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a Rents . . . . . . . . . . . . . . . . . . . . 18a **b Less:**Adjustments to rents (attach schedule) . . . . . . . 18b 19a Mineral, oil, and gas royalties . . . . . . . . . . . . 19a **b ** **Less:**Adjustments to mineral, oil, and gas royalties (attach schedule) . . . . . . . . . . . . . . . . . . . 19b 20 Copyright royalties . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Produced film rents . . . . . . . . . . . . . . . . . . . . . . . . . 22 Compensation received for use of corporation property by 25% or more shareholder . . . . 23 Amounts received under personal service contracts and from their sale . . . . . . . . 24 Amounts includible in taxable income from estates and trusts . . . . . . . . . . . 25 **PHC income.**Add lines 14 through 24 . . . . . . . . . . . . . . . . . . . |
19b | 25 |
Part III Tax on Undistributed Personal Holding Company Income (see instructions)
26
PHC tax. Multiply the amount on line 13 by 20%. Enter the result here and on Schedule J (Form 1120), line 8, or on the proper line of the appropriate tax return . . . . . . . . . . . 26
For Paperwork Reduction Act Notice, see the Instructions for Form 1120. Cat. No. 11465P Schedule PH (Form 1120) (Rev. 11-2015)
Schedule PH (Form 1120) (Rev. 11-2015) Page 2 Part IV Stock Ownership Requirement Under Section 542(a)(2) Enter the names and addresses of the individuals who together owned, directly or indirectly, at any time during the last half of the tax year, more than 50% in value of the outstanding stock of the corporation.
| (a) Name | (b) Address | Highest percentage of shares owned during last half of tax year |
|
|---|---|---|---|
| **(a)**Name |
**(b)**Address |
**(c)**Preferred | **(d)**Common |
| **1 ** | % | % |
|
| % | % |
||
| % | % |
||
| % | % |
||
| % | % |
||
| **2 ** Add the amounts in columns (c) and (d) and enter the totals here . . . . . . . . . ▶ |
**2 ** Add the amounts in columns (c) and (d) and enter the totals here . . . . . . . . . ▶ |
% |
% |
Under Section 545(b)(6) (see instructions for Part I, line 3)
| (a) Description of property |
(b) Date acquired |
(c) Cost or other basis |
(d) Depreciation deduction |
(e) Repairs, insurance, and other expenses (section 162) (attach schedule) |
(f) Total of columns (d) and (e) |
(g) Income from rent or other compensation |
(h) Excess (col. (f) less col. (g)) |
|---|---|---|---|---|---|---|---|
| **1 ** | |||||||
| **2 ** **Total excess of expenses and depreciation over rent or other compensation.**Add the amounts in column (h). Enter the total here and on Part I, line 3 . . . . . . . . . . . . . . . . . . . . . . . Note:Attach a statement showing the names and addresses of persons from whom rent or other compensation was received for the use of, or the right to use, each property. |
|||||||
| **2 ** **Total excess of expenses and depreciation over rent or other compensation.**Add the amounts in column (h). Enter the total here and on Part I, line 3 . . . . . . . . . . . . . . . . . . . . . . . Note:Attach a statement showing the names and addresses of persons from whom rent or other compensation was received for the use of, or the right to use, each property. |
Part VI Deduction for Dividends Paid Under Sections 561 and 562
| 1 Taxable dividends paid. Do not include dividends considered as paid in the preceding tax year under section 563 or deficiency dividends as defined in section 547 . . . . . . . . . 2 Consent dividends. Attach Forms 972 and 973 . . . . . . . . . . . . . . . . 3 Taxable distributions. Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . 4 Dividend carryover from first and second preceding tax years. Attach computation . . . . 5 Deduction for dividends paid. Add lines 3 and 4. Enter the total here and on Part I, line 9 . . |
1 | |
|---|---|---|
| **1 ** Taxable dividends paid. Do not include dividends considered as paid in the preceding tax year under section 563 or deficiency dividends as defined in section 547 . . . . . . . . . **2 ** Consent dividends. Attach Forms 972 and 973 . . . . . . . . . . . . . . . . **3 ** Taxable distributions. Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . **4 ** Dividend carryover from first and second preceding tax years. Attach computation . . . . **5 ** **Deduction for dividends paid.**Add lines 3 and 4. Enter the total here and on Part I, line 9 . . |
**2 ** | |
| **1 ** Taxable dividends paid. Do not include dividends considered as paid in the preceding tax year under section 563 or deficiency dividends as defined in section 547 . . . . . . . . . **2 ** Consent dividends. Attach Forms 972 and 973 . . . . . . . . . . . . . . . . **3 ** Taxable distributions. Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . **4 ** Dividend carryover from first and second preceding tax years. Attach computation . . . . **5 ** **Deduction for dividends paid.**Add lines 3 and 4. Enter the total here and on Part I, line 9 . . |
**3 ** | |
| **1 ** Taxable dividends paid. Do not include dividends considered as paid in the preceding tax year under section 563 or deficiency dividends as defined in section 547 . . . . . . . . . **2 ** Consent dividends. Attach Forms 972 and 973 . . . . . . . . . . . . . . . . **3 ** Taxable distributions. Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . **4 ** Dividend carryover from first and second preceding tax years. Attach computation . . . . **5 ** **Deduction for dividends paid.**Add lines 3 and 4. Enter the total here and on Part I, line 9 . . |
**4 ** | |
| **1 ** Taxable dividends paid. Do not include dividends considered as paid in the preceding tax year under section 563 or deficiency dividends as defined in section 547 . . . . . . . . . **2 ** Consent dividends. Attach Forms 972 and 973 . . . . . . . . . . . . . . . . **3 ** Taxable distributions. Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . **4 ** Dividend carryover from first and second preceding tax years. Attach computation . . . . **5 ** **Deduction for dividends paid.**Add lines 3 and 4. Enter the total here and on Part I, line 9 . . |
**5 ** |
Schedule PH (Form 1120) (Rev. 11-2015)