Home
Forms Library
Form 1120 (Schedule B) (Rev December 2014) Additional Information for Schedule M-3 Filers

Form 1120 (Schedule B) (Rev December 2014) Additional Information for Schedule M-3 Filers-2025

Form 1120 (Schedule B) (Rev December 2014) Additional Information for Schedule M-3 Filers Preview on Page 1

Show details

4 out of 5

22 votes

Schedule B (Form 1120) provides additional information for corporations filing Schedule M-3, detailing specific questions regarding financial activities, accounting changes, and related party transactions during the tax year. It outlines requirements for reporting allocations from partnerships, transactions involving intangible assets, cost-sharing arrangements, changes in accounting principles or methods, and ownership of VEBA trusts. The form is essential for ensuring compliance with IRS regulations and capturing relevant financial data.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to modify Form 1120 (Schedule B) (Rev December 2014) Additional Information for Schedule M-3 Filers in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Handling paperwork with our extensive and intuitive PDF editor is simple. Follow the instructions below to complete Form 1120 (Schedule B) (Rev December 2014) Additional Information for Schedule M-3 Filers online easily and quickly:

Sign in to your account. Sign up with your email and password or register a free account to test the service before choosing the subscription.
Import a document. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Form 1120 (Schedule B) (Rev December 2014) Additional Information for Schedule M-3 Filers. Easily add and underline text, insert images, checkmarks, and signs, drop new fillable fields, and rearrange or delete pages from your document.
Get the Form 1120 (Schedule B) (Rev December 2014) Additional Information for Schedule M-3 Filers completed. Download your adjusted document, export it to the cloud, print it from the editor, or share it with other people through a Shareable link or as an email attachment.

Make the most of DocHub, one of the most easy-to-use editors to quickly handle your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who must file schedule m-3 part II?

If youre a partnership, youll need to complete Parts II and III if your ending total assets are $50 million or more. You dont have to complete Schedule M-3, Parts II and III if your ending total assets are less than $50 million, or if the partnership is filing Schedule M-3 as a voluntary filer.

Who must file Schedule M-2?

In addition to reconciling financial net income to taxable income on Schedule M-1, corporations are typically required to complete Schedule M-2 to analyze unappropriated retained earnings. Schedule M-2 is essential for businesses because it shows how much money is available that isnt reserved for specific uses.

Who is exempt from filing Schedule L and M?

Schedules L, M-1, and M-2 are not required if the partnership meets all four of the following conditions: The partnerships total receipts for the tax year were less than $250,000. The partnerships total assets at the end of the tax year were less than $1 million.

What is a Schedule B form for IRS?

Use Schedule B (Form 1040) if any of the following applies: You had over $1,500 of taxable interest or ordinary dividends. You received interest from a seller-financed mortgage and the buyer used the property as a personal residence. You have accrued interest from a bond.

What is the difference between schedule M-1 and M-3?

The Schedule M-1 must be prepared by corporations with total receipts or total assets of $250,000 or more. The Schedule M-3 must be prepared by corporations reporting gross assets of $10 million or more in assets on Schedule L of Form 1120.

Who must file schedule m(3) 1120s?

Any corporation required to file Form 1120-S U.S. Income Tax Return for an S Corporation that reports on Schedule L of Form 1120-S total assets at the end of the corporations tax year that exceed $10 million must complete and file Schedule M-3 (Form 1120-S) Net Income (Loss) Reconciliation for S Corporations With

Who must file m3 part II?

Completing Schedule M-3 In particular, a corporation filing a non-consolidated return that has at least $50 million total assets at the end of the tax year must complete Parts I, II, and III. Such a corporation does not check any of the checkboxes at the top of Parts II and III.

What is the Schedule B of the 1120?

What is Schedule B (Form 1120)? Schedule B (Form 1120) is used to provide answers to additional questions for filers of Schedule M-3 (Form 1120). The completed form should be attached to the S corporations tax return and filed with the IRS.

Form 1120 (Schedule B) (Rev December 2014) Additional Information for Schedule M-3 Filers-2025

Here's how it works