a corporation is required to file an annual form 1020 if all

a corporation is required to file an annual form 1020 if all of the following are true except:
a. the corporation was dissolvec in the prior year
b. the corporation retains no asset
c. the cotporation report a loss
d. the corporation no longer carries on substantial activities

Solution

Annual form 1020 need to be filed by every corporation irrespective of taxable income or losses. However under certain circumstances on account of dissolution in the prior year, it need not required to filed for the current year.

option d) even through it discontinues to carry substantial activties, corporations need to file annual form.

So answer is Option a).