Is Schedule M-2 Required on Form 1120S?
Is Schedule m2 required on form 1120s? For S-Corps IRS Form 1120-S Schedule M-2 Accumulated Adjustment Account (AAA) does not necessarily need to match IRS Form 1120-S Schedule L mostly because Schedule M-2 is not a reconciliation of equity. Read more on www.johnrdundon.com S firms use Form 1120S, a tax return form, to disclose their … Read more