A corporation (or a farmer’s cooperative) must file Form 966 if it adopts a resolution or plan to dissolve the corporation or liquidate any of its stock.

Exempt organizations and qualified subchapter S subsidiaries should not file Form 966. Exempt organizations should see the instructions for Form 990,
Return of Organization Exempt From Income Tax, or Form 990PF, Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation.

Subchapter S subsidiaries should see Form 8869, Qualified Subchapter S Subsidiary Election.

File Form 966 within 30 days after the resolution or plan is adopted to dissolve the corporation or liquidate any of its stock. If the resolution or plan is amended or supplemented after Form 966 is filed, file another Form 966 within 30 days after the amendment or supplement is adopted.