
Completing Schedule M-3 Part I only and Schedule M-1 in ProConnect Tax
by Intuit• Updated 1 year ago
How do I indicate in ProConnect Tax to complete Schedule M-3, Part I only and Schedule M-1 per the new form instructions?
Corporate
- Go to Input Return ⮕ Balance Sheet ⮕ Schedule M-1, M-3.
- Select the Schedule M-3 tab.
- Enter a 1 in, Complete Schedule M-3, page 1 and Schedule M-1 when eligible: 1= yes, 2= no [O].
Partnership
- Go to Input Return ⮕ Balance Sheet, M-1, M-2 ⮕ Schedule M-1, M-3.
- Select the Schedule M-3 tab.
- Enter a 1 in, Complete Schedule M-3, page 1 and Schedule M-1 when eligible: 1= yes, 2= no [O].
S Corporate
- Go to Input Return ⮕ Balance Sheet, M-1, M-2, M-3 ⮕ Schedule M-1, M-3.
- Select the Schedule M-3 tab.
- Enter a 1 in, Complete Schedule M-3, page 1 and Schedule M-1 when eligible: 1= yes, 2= no [O].