Schedule M-1 on Form 1120 shows the reconciliation of a corporation's tax liability to the tax expense on the corporation's books.

Name: Schedule M-1 on Form 1120 shows the reconciliation of a corporation's tax liability to the tax expense on the corporation's books.
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Schedule M-1 on Form 1120 is used to reconcile the corporation's income per its books with its income per the tax return, not to reconcile the corporation's tax liability with the tax expense on its books.

Schedule M-1 on Form 1120 Shows the Reconciliation of a Corporation's