CPA TCP: C corporation compliance
Blueprint II.A · Area II, Entity Tax Compliance · 30–40% of TCP
Ten TCP questions on c corporation compliance, untimed, with a reason for every answer option.
Or take the full TCP mock examAn accrual-method C corporation accrues $30,000 of salary to its 60% shareholder, who uses the cash method, at December 31 and pays it on March 1. When can the corporation deduct it?
C corporation compliance on CPA TCP
Area II of TCP (30–40%) covers entity tax compliance. For C corporations, expect return preparation, book-tax reconciliation, limits on deductions (charitable, interest, NOL), E&P, and filing and estimated tax requirements.
- Blueprint groups
- II.A
- Share of the section
- Area II, Entity Tax Compliance: 30–40%
- Our drill
- 10 questions from 14 on this topic, untimed, with a reason for every option; one free attempt, unlimited with a pass
What to know
- Form 1120 is due on the 15th day of the 4th month, with a six-month extension; Schedule M-3 is required at $10 million or more of total assets.
- Charitable deductions are limited to 10% of taxable income computed before the charitable deduction and DRD, with a five-year carryforward.
- Business interest is limited to 30% of adjusted taxable income plus business interest income, unless the small business exemption applies (IRC §163(j)).
- NOLs arising after 2017 offset up to 80% of taxable income and carry forward indefinitely (IRC §172).
- Accruals to a related cash-method payee, such as a more-than-50% shareholder, are deductible only when paid (IRC §267(a)(2)).
- Consolidated returns require 80% of voting power and value; the corporate AMT applies only to corporations with average adjusted financial statement income over $1 billion.
Test yourself on c corporation compliance
Ten TCP questions on c corporation compliance, untimed, with a reason for every answer option.
Or take the full TCP mock examCommon questions
How much of the TCP section is c corporation compliance?
It sits in Blueprint Area II (II.A). The AICPA weights whole areas, not single topics; see the area’s range on the TCP page. Our 68-question mock draws each area at the middle of its range.
Are these real TCP questions?
No. The AICPA does not release live exam questions. These are original practice questions written to the published 2027 CPA Exam Blueprints, with a reason for every answer option and the standard or code section behind the key.
More TCP topics
- Individual compliance, estimated taxes and passive lossesdrill
- Gift tax and personal financial planningdrill
- S corporation, partnership, trust and exempt organization compliancedrill
- Entity formation, liquidation and tax planningdrill
- Property dispositions, related parties and imputed interestdrill
TCP full mock exam: 4 hours, 5 testletsTCP task-based simulations
Blueprint and exam facts checked November 2026: AICPA: Learn what is tested on the CPA Exam (Blueprints effective January 1, 2027) · AICPA: CPA Exam score release and testing windows · NASBA: CPA Exam FAQ · Virginia Board of Accountancy: CPA Exam fees.
Original independent practice questions written to the AICPA CPA Exam Blueprints. Not affiliated with or endorsed by the AICPA or NASBA.