Understanding Schedules M-1, M-2, and M-3, Part I, of Form 1120
Provider: CeriFi Checkpoint Learning
Taxes
4 CPE Credits
Intermediate
QAS self study
IRS EA Federal Taxation
Preparing a Form 1120 for the first time can be a daunting experience. Unlike personal income tax returns, the corporate tax return seems similar to a company's financial statements. However, Schedules M-1, M-2, and M-3, Part I, have been known to throw many new tax preparers for a loop. This course will unravel the mysteries of Schedules M-1, M-2, and M-3, Part I, for C corporations. It includes a comprehensive problem illustrating the completion of the forms. Note that many of the test questions are scenario based and require calculations. This intermediate-level course is most appropriate for the professional with detailed knowledge in C corporation taxation or the professional seeking to expand his or her knowledge base and who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both. <br/><br/>By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.