Tax Payments — 2025 Inst 1120-RIC (PDF)

Generally, the RIC must pay the tax due in full no later than the due date for filing its tax return (not including extensions). See the instructions for line 31. If the due date falls on a Saturday, Sunday, or legal holiday, the payment is due on the next day that isn’t a Saturday, Sunday, or legal holiday.

Electronic Deposit Requirement RICs must use electronic funds transfer (EFT) to make all federal tax deposits (such as deposits of employment, excise, and corporate income tax). An EFT can be made using the Electronic Federal Tax Payment System (EFTPS). However, if the RIC does not want to use EFTPS, it can arrange for its tax professional, financial institution, payroll service, or other trusted third party to make deposits on its behalf. Also, it may arrange for its financial institution to submit a same-day tax wire payment (discussed below) on its behalf. EFTPS is a free service provided by the Department of the Treasury. Services provided by a tax professional, financial institution, payroll service, or other third party may have a fee.

To get more information about EFTPS or to enroll in EFTPS, go to EFTPS.gov , or call 800-555-4477. To contact EFTPS using Telecommunications Relay Services (TRS) for people who are deaf, hard of hearing, or have a speech disability, dial 711 and provide the TRS assistant the 800-555-4477 number above or 800-733-4829.

Schedule N (Form 1120).
Schedule D (Form 1120).
Form 8949.
Form 8996.
Schedule O (Form 1120).
Form 4136.
Form 8978.
Form 965-B.
Form 8941.
Form 3800.
Form 8997.
Form 4255.
Additional schedules in alphabetical order.
Additional forms in numerical order.
Supporting statements and attachments.

Complete every applicable entry space on Form 1120-RIC. Do not enter “See attached” instead of completing the entry spaces. If more space is needed on

4 Instructions for Form 1120-RIC (2025)

Depositing on time. EFTPS accepts same day payments of $1 million or less if the payment is submitted before 3:00 p.m. Eastern time on a business day. If the RIC’s payment is more than $1 million, the corporation must submit the deposit by 8:00 p.m. Eastern time the day before the date the deposit is due. If the RIC uses a third party to make deposits on its behalf, they may have different cutoff times.

Same-day wire payment option. If the RIC fails to submit a timely deposit transaction on EFTPS, it can still make its deposit on time by using the Federal Tax Collection Service (FTCS). To use the same-day wire payment method, the RIC will need to make arrangements with its financial institution ahead of time regarding availability, deadlines, and costs. Financial institutions may charge a fee for payments made this way. To learn more about the information the RIC will need to provide its financial institution to make a same-day wire payment, go to IRS.gov/SameDayWire .