The Schedule M-3 is the same for a C corporation and an S corporation.

Question

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The Schedule M-3 is not the same for a C corporation and an S corporation. While both types of corporations must file Schedule M-3, there are some differences in the reporting requirements. For example, S corporations do not report income taxes on Schedule M-3, whereas C corporations do. Additionally, S corporations do not report accumulated adjustments on Schedule M-3, which C corporations do.

The Schedule M-3 Is the Same for a C Corporation