My small C corp is on a 6 month extension till 10/15/2013 for 2012 taxes (fiscal year ends 1/31/2012). On the corp's 2011 1120 form (as well as the NY CT-3) the corp had an overpayment that the corp elected to received as a refund which was deposited in the 2013 tax year. When I fill out the 2012 1120 (and CT-3) do I need to account for the refund which didn't yet come? Or will this be reflected on the 2013 year tax return?
Thanks. Walter