1065-B. No changes are planned to the Schedule M-3 requirements for Forms 1120-L or 1120-PC, or for. Form 1120 taxpayers filing as a mixed group.1 Jun 2016 2016. Instructions for. Schedule M-3 (Form 1120S). Net Income (Loss) Reconciliation for S Corporations With Total Assets of. $10 Million or 9 Nov 2016 General Instructions. Purpose of Schedule. Schedule M-3, Part I, determines the adjusted financial net income (loss) of the non-consolidated ( 6 Jan 2017 2016. Instructions for Form 1120. U.S. Corporation Income Tax Return. Department of required to file Schedule M-3 (Form 1120) and have Attach to Form 1120 or 1120-C. ? Information about Schedule M-3 (Form 1120) instructions is available at www.irs.gov/form1120. OMB No. 1545-0123. 2016. Corporations file Schedule M-3 (Form 1120) to answer questions about the their financial statements and reconcile financial statement net income (loss) for the Form and Instruction, 1120-PC Schedule M-3, Instructions for Form 1120-PC Schedule M-3 · i1120-pc_schedule_m-3--2016-00-00.pdf, Yes, No, Paper Only. Information about Sch. M-3 (Form 1120S) and its separate instructions is at www.irs.gov/form1120s. OMB No. 1545-0123. 2016. Name of corporation. Employer 12 May 2013 However, these entities will still have to file Schedule M-3, Part I, Financial 1120-F, U.S. Income Tax Return of a Foreign Corporation; 1120S, U.S. to Schedule M-3 and to the requirements for book-tax reconciliation for 24 Jun 2016 Example 2. At the end of Corporation A's tax year ending December 31, 2016, A's total assets were less than $10 million. A is not required to file Schedule M-3 for any reason. A may elect to file Schedule M-3 instead of completing Schedule M-1 of Form 1120.