Form 1066 is used to report the income, deductions, and gains and losses from the operation of a REMIC. In addition, the form is used by the REMIC to report and pay the taxes on net income from prohibited transactions, net income from foreclosure property, and contributions after the startup day.
Form 1120, U.S. Corporation Income Tax Return, is used by C corporations for tax returns.
GoDaddy Bookkeeping does not currently support either of these forms. We designed the application with sole proprietorships and LLCs in mind, and for now that's all we'll be able to support. In the future we do hope to expand our available tax features to other common tax forms.