1. You are provided with the financial reports (2 year balance sheet and current year profit and… 1 answer below »

1. You are provided with the financial reports (2 year balance sheet and current year profit and loss in as a as a Microsoft® Excel) along with the supplemental information that provides the details required to prepare a tax return for your new tax client – Phoenix Medical, Inc.

2. Fill out pages 1 through 5 of Form 1120 – US Corporation Income Tax Return. Include as many details as you can. Utilize the PDF Form 1120 provided and consult the form instructions where needed.

3. Upload the completed tax return to the assignment tab.