Form 1120-S (2025), U.S. Income Tax Return for an S Corporation Instructions

Check this box if the corporation uses the cash accounting method for reporting income and expenses.

Check this box if the corporation uses the accrual accounting method for reporting income and expenses.

Check this box if the corporation uses an accounting method other than cash or accrual, and provide the method on the line provided.

If you selected 'Other' for the corporation's accounting method, enter the specific name or description of that accounting method here. Fill only if 'Other (specify)' is 'Yes'.

Enter the business activity of the corporation (brief description or industry classification, e.g., 'retail clothing', 'manufacturing', or NAICS code if required) describing the primary trade or business.

Enter the principal product sold or service provided by the corporation (a short phrase describing what the business produces or offers, e.g., 'men's apparel', 'consulting services').

Enter the date the corporation's S election became effective.

Enter the business activity code (NAICS or IRS business activity code) that best describes the corporation's principal business activity.

Enter the corporation's Employer Identification Number (EIN) assigned by the IRS.

Enter the date the corporation was legally incorporated.

Enter the corporation's total assets at the end of the tax year as reported on the balance sheet.

Enter the corporation's full legal name as it should appear on the tax return.

Enter the corporation's mailing street address (number and street); if using a P.O. box, follow the form instructions.

Enter the room, suite, or apartment number associated with the mailing address, if applicable.

Enter the city or town for the corporation's mailing address.

Enter the U.S. state abbreviation or foreign province for the mailing address.

Enter the country name for the mailing address (enter 'USA' or 'United States' if located in the United States).

Enter the ZIP code or foreign postal code for the mailing address, including any leading zeros or required punctuation.

Enter the total compensation paid to corporate officers for the tax year (attach Form 1125‑E if required).

Enter the total salaries and wages paid, net of any employment credits claimed.

Enter the total costs for repairs and maintenance related to the business during the tax year.

Enter the total amount of bad debts deductible by the business for the tax year.

Enter the total rent expenses paid for business property during the tax year.

Enter the total taxes and license fees paid that are deductible for the business.

Enter the total interest expense deductible by the business for the tax year.

Enter depreciation from Form 4562 not claimed elsewhere on the return (attach Form 4562 if required).

Enter the total depletion deduction, excluding oil and gas depletion which is not deductible here.

Enter the total advertising and promotional expenses paid by the business during the tax year.

Enter employer contributions to pension, profit‑sharing, and similar employee benefit plans.

Enter the total expenses for employee benefit programs (other than pension/profit‑sharing) paid by the business.

Enter the deduction amount for energy efficient commercial buildings (attach Form 7205 if required).

Enter the total of other deductible business expenses not listed above and attach a statement describing them.

Enter the sum of lines 7 through 20 to report total deductible business expenses.

Enter ordinary business income or loss, computed by subtracting line 21 from line 6.

Enter the corporation's total gross receipts or sales for the tax year before returns and allowances.

Enter the total returns and allowances that reduce the gross receipts or sales for the tax year.

Enter the balance after subtracting returns and allowances from gross receipts or sales (net receipts).

Enter the cost of goods sold for the tax year (attach Form 1125‑A if required).

Enter the gross profit amount, calculated by subtracting line 2 from line 1c.

Enter the net gain or loss from the sale of business property reported on Form 4797, Part II, line 17.

Enter any other income or loss not reported elsewhere (attach a statement if required).

Enter the total income or loss by adding lines 3 through 5.

Enter the total number of shareholders who were shareholders at any time during the tax year.

Enter the corporate officer's official job title (for example, President, Chief Financial Officer, Treasurer) as it should appear on the tax return.

Enter the full name of the paid tax preparer who completed or reviewed this return (first and last name as you want it printed).

Check this box if the paid preparer who completed this return is self‑employed (independent) rather than an employee of a firm.

Enter the preparer's IRS Preparer Tax Identification Number (PTIN) assigned to the paid preparer who prepared or assisted with this return.

Enter the paid preparer firm's legal or business name as it should appear on the tax return.

Enter the firm's Employer Identification Number (EIN) assigned by the IRS for the preparer firm.

Enter the firm's mailing address including street number, city, state or province, and ZIP or postal code.

Enter a daytime contact phone number for the preparer firm.

Check this box if the corporation satisfies one or more of the listed conditions in question 10 (for example, it owns a pass‑through entity with business interest, has aggregate annual gross receipts over $31 million and has business interest expense, or is a tax shelter with business interest expense).

Check this box if the corporation does not satisfy any of the conditions listed in question 10.

Check this box if the corporation satisfies both conditions in Q11 — (a) total receipts for the tax year were less than $250,000 and (b) total assets at the end of the tax year were less than $250,000 (if checked, the corporation is not required to complete Schedules L and M-1).

Check this box if the corporation does not satisfy both conditions in Q11 (either total receipts are $250,000 or more, or total assets are $250,000 or more), and therefore may be required to complete Schedules L and M-1.

Check this box if at any time during the tax year any shareholder of the corporation was a disregarded entity, a trust, an estate, or a nominee or similar person.

Check this box if at no time during the tax year was any shareholder of the corporation a disregarded entity, a trust, an estate, or a nominee or similar person.

Check this box if, at the end of the tax year, the corporation directly owned 20% or more, or directly or indirectly owned 50% or more, of the total stock issued and outstanding of any foreign or domestic corporation.

Check this box if, at the end of the tax year, the corporation did not directly own 20% or more and did not directly or indirectly own 50% or more of the total stock issued and outstanding of any foreign or domestic corporation.

Enter the full legal name of the first corporation as reported on its formation documents or tax filings. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the employer identification number (EIN) assigned to the first corporation, if any. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the country where the first corporation was legally incorporated. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the percentage of the corporation's stock owned by the filer for the first corporation. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

If the percentage in (iv) is 100%, enter the date a Qualified Subchapter S Subsidiary election was made for the first corporation. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the full legal name of the fourth corporation in which the filer owns the reported stock interest. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the employer identification number (EIN) for the fourth corporation, if any; leave blank if none. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the country where the fourth corporation was incorporated or organized. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the percentage of the corporation's stock owned by the filer for the fourth corporation. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

If the percentage in the stock-owned field is 100%, enter the date a Qualified Subchapter S Subsidiary election was made for the fourth corporation; otherwise leave blank. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the full legal name of the second corporation in this row. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the employer identification number (EIN) for the second corporation, if one exists. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the country where the second corporation was incorporated. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the percentage of the corporation's stock owned directly or indirectly by the taxpayer for the tax year. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the date a Qualified Subchapter S Subsidiary election was made for this corporation, if applicable because the percentage in (iv) is 100%. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the full legal name of the third corporation being reported in Q4a. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the corporation's EIN if one exists; leave blank if no EIN. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the country where this corporation was legally incorporated. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Enter the percentage of the corporation's stock that was owned, directly or indirectly, by the taxpayer. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

If the percentage in field (iv) is 100%, enter the date a Qualified Subchapter S Subsidiary election was made for this corporation; otherwise leave blank. Fill only if 'Q4a Yes — Own directly 20% or 50% or more' is 'Yes'.

Check this box if, at the end of the tax year, the corporation owned directly an interest of 20% or more, or owned (directly or indirectly) a 50% or greater interest in the profit, loss, or capital of any partnership or the beneficial interest of a trust.

Check this box if, at the end of the tax year, the corporation did not own directly an interest of 20% or more, and did not own (directly or indirectly) a 50% or greater interest in the profit, loss, or capital of any partnership or the beneficial interest of a trust.

Enter the legal name of the first partnership or trust entity in which the corporation owns an interest. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the Employer Identification Number (EIN) for the first entity, if it has one; leave blank if none. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the type of the first entity (for example: partnership, trust, LLC, corporation, etc.). Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the country where the first entity is organized or formed. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the maximum percentage owned by the corporation in the first entity (profit, loss, or capital). Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the full legal name of the fourth foreign or domestic partnership, trust, or entity in which the corporation holds an interest. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the Employer Identification Number (EIN) of the fourth entity, if any (include the usual hyphen format if known, e.g., 12-3456789), or leave blank if none. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the legal type or classification of the fourth entity (for example, partnership, trust, LLC, corporation, etc.). Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the country where the fourth entity is organized or formed. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the maximum percentage owned by the corporation in the fourth entity’s profit, loss, or capital (for example, 50% or 100%). Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the full legal name of the second partnership or trust entity in which the corporation holds an interest. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the employer identification number (EIN) for the second entity, if any; leave blank if none. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Provide the organizational type of the second entity (for example, partnership, trust, LLC, or corporation). Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the country where the second entity is organized or formed. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Provide the maximum percentage of profit, loss, or capital owned by the corporation in this second entity. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the full legal name of the third partnership, trust, or other entity in which the corporation owned an interest. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the Employer Identification Number (EIN) for the third entity as assigned by the IRS (include any hyphen if used). Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the type of the third entity (for example, partnership, trust, corporation, LLC, etc.). Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the country in which the third entity was organized or formed. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Enter the maximum percentage interest the corporation owned in the third entity’s profit, loss, or capital during the tax year. Fill only if 'Q4b Yes — Own 20%/50% Partnership or Trust Interest' is 'Yes'.

Check this box if at the end of the tax year the corporation had any outstanding shares of restricted stock (so you will also complete lines (i) and (ii)).

Check this box if at the end of the tax year the corporation did not have any outstanding shares of restricted stock.

Enter the total number of restricted shares outstanding at the end of the tax year. Fill only if 'Q5a Yes - Restricted stock outstanding' is 'Yes'.

Enter the total number of non‑restricted shares outstanding at the end of the tax year. Fill only if 'Q5a Yes - Restricted stock outstanding' is 'Yes'.

Check this box if, at the end of the tax year, the corporation had any outstanding stock options, warrants, or similar instruments (then complete lines (i) and (ii)).

Check this box if, at the end of the tax year, the corporation did not have any outstanding stock options, warrants, or similar instruments.

Enter the total number of shares of stock that were outstanding for the corporation at the end of the tax year. Fill only if 'Q5b Yes — Outstanding stock options, warrants, or similar instruments' is 'Yes'.

Enter the total number of shares that would be outstanding if all outstanding stock options, warrants, or similar instruments were exercised or converted. Fill only if 'Q5b Yes — Outstanding stock options, warrants, or similar instruments' is 'Yes'.

Check this box if the corporation has filed, or is required to file, Form 8918 (Material Advisor Disclosure Statement) to provide information on any reportable transaction.

Check this box if the corporation has not filed and is not required to file Form 8918 (Material Advisor Disclosure Statement) for any reportable transaction.

Check this box if the corporation issued publicly offered debt instruments with original issue discount (OID) during the tax year (if checked, the corporation may have to file Form 8281).

Enter the net unrealized built-in gain amount for the corporation to be reported for Question 8.

Check this box if the corporation made an election under section 163(j) for any real property trade or business or any farming business that was in effect during the tax year.

Check this box if the corporation did not make an election under section 163(j) for any real property trade or business or any farming business in effect during the tax year.

Enter the bank's 9-digit routing (ABA) transit number for the account where the refund should be deposited. Fill only if 'Line 28b: Refunded' is greater than 0.

Check this box when you want the refund or direct deposit amount to be deposited into the corporation's checking account. Fill only if 'Line 28b: Refunded' is greater than 0.

Check this box when you want the refund or direct deposit amount to be deposited into the corporation's savings account. Fill only if 'Line 28b: Refunded' is greater than 0.

Enter the bank account number to receive the direct deposit refund exactly as it appears on your bank records. Fill only if 'Line 28b: Refunded' is greater than 0.

Check this box if this is the corporation's final S corporation tax return (the corporation has ceased operations and will not file future returns).

Check this box if the corporation changed its legal name during the tax year.

Check this box if the corporation changed its mailing or business address during the tax year.

Check this box if this filing is an amended return submitted to correct a previously filed return for the tax year.

Check this box if the corporation's S corporation election was terminated during the tax year.

Check this box if the corporation is electing to be an S corporation beginning with the tax year shown on this return.

Check this box if the corporation is not electing to be an S corporation beginning with the tax year shown on this return.

Check this box if, during the tax year, the corporation had any non-shareholder debt that was canceled, forgiven, or whose terms were modified to reduce the principal amount of the debt (and if checked, enter the principal reduction amount on the line provided).

Check this box if, during the tax year, the corporation did not have any non-shareholder debt that was canceled, forgiven, or modified to reduce the principal amount.

Enter the amount of principal reduction (debt forgiven, canceled, or modified to reduce principal) for non-shareholder debt during the tax year; leave blank if not applicable. Fill only if 'Schedule B Line 12 — Yes' is 'Yes'.

Check this box if, during the tax year, a qualified subchapter S subsidiary election was terminated or revoked.

Check this box if, during the tax year, a qualified subchapter S subsidiary election was not terminated or revoked.

Check this box if the corporation made any payments during the tax year that would require it to file Form(s) 1099.

Check this box if the corporation did not make any payments during the tax year that would require it to file Form(s) 1099.

Check this box if the corporation did or will require filing Form(s) 1099 for payments described in Schedule B, line 14b. Fill only if 'Line 14a (Payments Requiring Form 1099) — Yes' is 'Yes'.

Check this box if the corporation did not and will not require filing Form(s) 1099 for payments described in Schedule B, line 14b. Fill only if 'Line 14a (Payments Requiring Form 1099) — Yes' is 'Yes'.

Enter the dollar amount from Form 8996, line 15 that applies if the corporation intends to self-certify as a Qualified Opportunity Fund; leave blank if not applicable. Fill only if 'topmostSubform[0].Page3[0].c3_5[0]_1' is 'Yes'.

Check this box if at any time during the tax year the corporation received (as a reward, award, or payment for property or services) or sold, exchanged, or otherwise disposed of a digital asset (or a financial interest in a digital asset).

Check this box if at no time during the tax year did the corporation receive, sell, exchange, or otherwise dispose of any digital asset (or a financial interest in a digital asset).

Check this box if at any time during the tax year the corporation received (as a reward, award, or payment for property or services) or sold, exchanged, or otherwise disposed of a digital asset (or a financial interest in a digital asset).

Check this box if at no time during the tax year did the corporation receive, sell, exchange, or otherwise dispose of a digital asset (or a financial interest in a digital asset).

Enter the result of the income (loss) reconciliation: combine the total amounts on lines 1 through 10 and subtract the sum of the amounts on lines 11 through 12e and 16f.

Enter the total ordinary business income (loss) amount reported on Schedule K, line 1 (the corporation’s ordinary business income or loss from page 1, line 22).

Enter a short description or code that identifies the type or source of the other income (loss) reported on Schedule K, line 10.

Enter the total dollar amount of the other income (loss) reported on Schedule K, line 10.

Enter the total Section 179 deduction amount from Schedule K (attach Form 4562 if required) that applies to this return.

Enter the total dollar amount of cash charitable contributions reported on Schedule K, line 12a, for the tax year.

Enter the total dollar amount of noncash charitable contributions reported on Schedule K, line 12b.

Enter the total investment interest expense amount reported on Schedule K, line 12c — the total investment interest expense allocable to shareholders for the tax year.

Enter a short description of the type of Section 59(e)(2) expenditure being reported on Schedule K, line 12d (e.g., specific deduction or expenditure category).

Enter the total amount of Section 59(e)(2) expenditures to be reported on Schedule K, line 12d.

Enter a short description of the other deduction being reported on Schedule K, line 12e (e.g., type or name of the deduction).

Enter the total amount for the other deductions reported on Schedule K, line 12e.

Enter the total low-income housing credit amount (section 42(j)(5)) allocated on Schedule K line 13a for the tax year.

Enter the total amount of the Low‑Income Housing Credit (other) allocated on Schedule K, line 13b.

Enter the total qualified rehabilitation expenditures (rental real estate) credit amount to be reported on Schedule K, line 13c.

Enter the specific type or short description of the other rental real estate credit being reported on Schedule K, line 13d.

Enter the total dollar amount of the other rental real estate credit to be reported on Schedule K, line 13d.

Enter the name or brief description of the other rental credit being reported for Schedule K line 13e (for example, the credit type or program name).

Enter the total dollar amount of the other rental credit to report on Schedule K line 13e.

Enter the total biofuel producer credit amount (from Form 6478) to report on Schedule K, line 13f.

Enter the type or short descriptive name of the other credit being reported on Schedule K, line 13g.

Enter the total dollar amount of the other credit being reported on Schedule K, line 13g.

Check this box if you are attaching Schedule K-2 (Form 1120-S) and are reporting shareholders’ pro rata items of international tax relevance for the tax year.

Check this box if the corporation qualified for an exception to filing Schedule K-2 (Form 1120-S) for the tax year.

Enter the corporation's total post-1986 depreciation adjustment amount to be reported on Schedule K, line 15a.

Enter the total alternative minimum tax (AMT) adjusted gain or loss amount to be reported on Schedule K, line 15b.

Enter the total depletion amount for alternative minimum tax (AMT) items (Schedule K, line 15c) applicable to the corporation for the tax year.

Enter the total deductions amount for oil, gas, and geothermal properties reported on Schedule K, line 15e (AMT), representing the combined deduction value to include on this line.

Enter the total dollar amount of Other AMT (Alternative Minimum Tax) items to report for Schedule K line 15f from the attached statement.

Enter the total tax‑exempt interest income amount reported on Schedule K, line 16a that is allocated to shareholders.

Enter the total amount of other tax‑exempt income to report on Schedule K, line 16b for the tax year.

Enter the total amount of nondeductible expenses to be reported on Schedule K, line 16c for the tax year.

Enter the total amount of distributions to report on Schedule K, line 16d for the tax year.

Enter the total dollar amount of repayments of loans from shareholders for Schedule K (line 16e) to be reported on the form.

Enter the corporation’s total amount of foreign taxes paid or accrued to report on Schedule K, line 16f.

Enter the total dollar amount of net rental real estate income (loss) for Schedule K, line 2 (include decimals or commas as needed).

Enter the total dollar amount of other gross rental income (loss) to report on Schedule K, line 3a (the corporation's pro rata share amount for other gross rental income or loss).

Enter the total dollar amount of expenses from other rental activities to report on Schedule K, line 3b.

Enter the total amount for Schedule K, line 3c: the net other rental income (loss) calculated by subtracting line 3b (expenses from other rental activities) from line 3a (other gross rental income).

Enter the total interest income reported for Schedule K, line 4 that is being allocated to shareholders for this return.

Enter the corporation’s total ordinary dividends amount to report on Schedule K, line 5a (the total ordinary dividends for all shareholders).

Enter the total dollar amount of qualified dividends reported for Schedule K, line 5b.

Enter the total amount of royalties for Schedule K, line 6 representing the shareholders' pro rata share of royalty income from all sources.

Enter the corporation's total net short-term capital gain or loss for Schedule K, line 7 for the tax year.

Enter the total net long-term capital gain or loss amount to be reported on Schedule K, line 8a (from Schedule D or supporting statements).

Enter the total collectibles (28%) gain or loss amount for Schedule K, line 8b for the tax year (the net dollar amount of collectibles gain or loss).

Enter the corporation’s total unrecaptured Section 1250 gain amount to be reported on Schedule K, line 8c for the tax year.

Enter the total net section 1231 gain or loss amount to report on Schedule K, Line 9 (the net amount from Form 4797).

Enter the total investment income amount for Schedule K line 17a.

Enter the total investment expenses amount for Schedule K line 17b.

Enter the total dividend distributions paid from accumulated earnings and profits for Schedule K line 17c.

Enter the Schedule L line 10a amount for Buildings and other depreciable assets at the beginning of the tax year for column (a) as shown on the books. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the Schedule L line 10a amount for Buildings and other depreciable assets at the beginning of the tax year for column (b) as shown on the books. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the Schedule L line 10a amount for Buildings and other depreciable assets at the end of the tax year for column (c) as shown on the books. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the Schedule L line 10a amount for Buildings and other depreciable assets at the end of the tax year for column (d) as shown on the books. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corporation’s cash balance per books for Schedule L, Line 1, at the beginning of the tax year shown in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the second beginning-of-tax-year cash balance per books for Schedule L, Line 1 as reported in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corporation’s cash balance per books for Schedule L, Line 1, at the end of the tax year shown in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the second end-of-tax-year cash balance per books for Schedule L, Line 1 as reported in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the company’s total book value of depletable assets on the balance sheet at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the company’s total book value of depletable assets on the balance sheet at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the company’s total book value of depletable assets on the balance sheet at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the company’s total book value of depletable assets on the balance sheet at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total value of amortizable intangible assets reported on Schedule L at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total value of amortizable intangible assets reported on Schedule L at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total value of amortizable intangible assets reported on Schedule L at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total value of amortizable intangible assets reported on Schedule L at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Provide the book value of inventories at the beginning of the tax year corresponding to column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Provide the book value of inventories at the beginning of the tax year corresponding to column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Provide the book value of inventories at the end of the tax year corresponding to column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Provide the book value of inventories at the end of the tax year corresponding to column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of land (net of any amortization) reported on Schedule L, line 12 for the beginning of the tax year in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of land (net of any amortization) reported on Schedule L, line 12 for the beginning of the tax year in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of land (net of any amortization) reported on Schedule L, line 12 for the end of the tax year in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of land (net of any amortization) reported on Schedule L, line 12 for the end of the tax year in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accumulated amortization amount for intangible assets reported in column (a) at the beginning of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accumulated amortization amount for intangible assets reported in column (b) at the beginning of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accumulated amortization amount for intangible assets reported in column (c) at the end of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accumulated amortization amount for intangible assets reported in column (d) at the end of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the less accumulated depletion amount for Schedule L, line 11b, at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the less accumulated depletion amount for Schedule L, line 11b, at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the less accumulated depletion amount for Schedule L, line 11b, at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the less accumulated depletion amount for Schedule L, line 11b, at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accumulated depreciation amount to subtract from line 10a (Buildings and other depreciable assets) for the beginning of the tax year shown in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accumulated depreciation amount to subtract from line 10a (Buildings and other depreciable assets) for the beginning of the tax year shown in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accumulated depreciation amount to subtract from line 10a (Buildings and other depreciable assets) for the end of the tax year shown in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accumulated depreciation amount to subtract from line 10a (Buildings and other depreciable assets) for the end of the tax year shown in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the allowance for bad debts balance at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the allowance for bad debts balance at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the allowance for bad debts balance at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the allowance for bad debts balance at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the loans to shareholders balance reported on Schedule L, row 7, at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the loans to shareholders balance reported on Schedule L, row 7, at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the loans to shareholders balance reported on Schedule L, row 7, at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the loans to shareholders balance reported on Schedule L, row 7, at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the balance per books for mortgage and real estate loans at the beginning of the tax year corresponding to column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the balance per books for mortgage and real estate loans at the beginning of the tax year corresponding to column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the balance per books for mortgage and real estate loans at the end of the tax year corresponding to column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the balance per books for mortgage and real estate loans at the end of the tax year corresponding to column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of Other assets (attach statement) shown on the books at the beginning of the tax year in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of Other assets (attach statement) shown on the books at the beginning of the tax year in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of Other assets (attach statement) shown on the books at the end of the tax year in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of Other assets (attach statement) shown on the books at the end of the tax year in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other current assets reported on Schedule L, Row 6 for the beginning of the tax year (column a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corresponding beginning-of-year amount of other current assets for Schedule L, Row 6 (column b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other current assets reported on Schedule L, Row 6 for the end of the tax year (column c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corresponding end-of-year amount of other current assets for Schedule L, Row 6 (column d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of other investments (attach statement) reported on Schedule L for the beginning of the tax year in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of other investments (attach statement) reported on Schedule L for the beginning of the tax year in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of other investments (attach statement) reported on Schedule L for the end of the tax year in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of other investments (attach statement) reported on Schedule L for the end of the tax year in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the book balance amount of tax-exempt securities at the beginning of the tax year for Schedule L, column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the book balance amount of tax-exempt securities at the beginning of the tax year for Schedule L, column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the book balance amount of tax-exempt securities at the end of the tax year for Schedule L, column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the book balance amount of tax-exempt securities at the end of the tax year for Schedule L, column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corporation's total assets per books for row 15 at the beginning of the tax year (column a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corporation's total assets per books for row 15 at the beginning of the tax year (column b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corporation's total assets per books for row 15 at the end of the tax year (column c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corporation's total assets per books for row 15 at the end of the tax year (column d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of trade notes and accounts receivable at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of trade notes and accounts receivable at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of trade notes and accounts receivable at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of trade notes and accounts receivable at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of U.S. government obligations reported on Schedule L, row 4, for the beginning of the tax year in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of U.S. government obligations reported on Schedule L, row 4, for the beginning of the tax year in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of U.S. government obligations reported on Schedule L, row 4, for the end of the tax year in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of U.S. government obligations reported on Schedule L, row 4, for the end of the tax year in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accounts payable balance reported on Schedule L in column (a) for the beginning of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accounts payable balance reported on Schedule L in column (b) for the beginning of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accounts payable balance reported on Schedule L in column (c) for the end of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the accounts payable balance reported on Schedule L in column (d) for the end of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the additional paid-in capital balance reported on Schedule L, row 23 for the beginning of the tax year in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the additional paid-in capital balance reported on Schedule L, row 23 for the beginning of the tax year in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the additional paid-in capital balance reported on Schedule L, row 23 for the end of the tax year in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the additional paid-in capital balance reported on Schedule L, row 23 for the end of the tax year in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the adjustments to shareholders' equity (attach statement) reported in column (a) for the beginning of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the adjustments to shareholders' equity (attach statement) reported in column (b) for the beginning of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the adjustments to shareholders' equity (attach statement) reported in column (c) for the end of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the adjustments to shareholders' equity (attach statement) reported in column (d) for the end of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the capital stock amount reported on Schedule L row 22 for the beginning of the tax year in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the capital stock amount reported on Schedule L row 22 for the beginning of the tax year in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the capital stock amount reported on Schedule L row 22 for the end of the tax year in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the capital stock amount reported on Schedule L row 22 for the end of the tax year in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the Schedule L amount for 'Less cost of treasury stock' reported at the beginning of the tax year in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the Schedule L amount for 'Less cost of treasury stock' reported at the beginning of the tax year in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the Schedule L amount for 'Less cost of treasury stock' reported at the end of the tax year in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the Schedule L amount for 'Less cost of treasury stock' reported at the end of the tax year in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of loans from shareholders per the books at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of loans from shareholders per the books at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of loans from shareholders per the books at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of loans from shareholders per the books at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of mortgages, notes, and bonds payable due in less than one year as of the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of mortgages, notes, and bonds payable due in less than one year as of the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of mortgages, notes, and bonds payable due in less than one year as of the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total amount of mortgages, notes, and bonds payable due in less than one year as of the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of mortgages, notes, and bonds payable due in one year or more as of the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of mortgages, notes, and bonds payable due in one year or more as of the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of mortgages, notes, and bonds payable due in one year or more as of the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of mortgages, notes, and bonds payable due in one year or more as of the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other current liabilities per the company's books at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other current liabilities per the company's books at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other current liabilities per the company's books at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other current liabilities per the company's books at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other liabilities (attach statement) reported on Schedule L, Row 21, for the beginning of the tax year in column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other liabilities (attach statement) reported on Schedule L, Row 21, for the beginning of the tax year in column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other liabilities (attach statement) reported on Schedule L, Row 21, for the end of the tax year in column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the amount of other liabilities (attach statement) reported on Schedule L, Row 21, for the end of the tax year in column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the retained earnings balance to report on Schedule L, line 24, column (a) for the beginning of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the retained earnings balance to report on Schedule L, line 24, column (b) for the beginning of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the retained earnings balance to report on Schedule L, line 24, column (c) for the end of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the retained earnings balance to report on Schedule L, line 24, column (d) for the end of the tax year. Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total liabilities and shareholders' equity per the books at the beginning of the tax year for column (a). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total liabilities and shareholders' equity per the books at the beginning of the tax year for column (b). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total liabilities and shareholders' equity per the books at the end of the tax year for column (c). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the total liabilities and shareholders' equity per the books at the end of the tax year for column (d). Fill only if 'Schedule B, line 11 (not required to complete Schedules L and M-1)' is 'No'.

Enter the corporation's net income or loss as shown on its books for the tax year. Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the dollar amount for the first item of income that is included on Schedule K but was not recorded on the books this year. Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the dollar amount for the second item of income that is included on Schedule K but was not recorded on the books this year. Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the total dollar amount (sum) of the itemized income amounts reported on Line 2 that were included on Schedule K but not recorded on the books this year. Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the dollar amount of depreciation expense recorded on the corporation's books this year that was not included on Schedule K (Line 3a). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Provide a brief explanation or breakdown of the depreciation amount entered for line 3a (for example asset descriptions or method of calculation). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the dollar amount of travel and entertainment expenses recorded on books this year that were not included on Schedule K (Line 3b). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Provide a brief explanation or breakdown of the travel and entertainment amount entered for line 3b (for example dates, purpose, or allocation). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the corresponding amount for the itemized line in the adjacent column when applicable to reconcile book amounts with Schedule K. Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the total amount equal to the sum of lines 1, 2, and 3 on Schedule M-1 (the combined net adjustments from those lines). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the amount of tax-exempt interest recorded on the books this year to be itemized on Schedule M-1 Line 5a (first entry). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the amount of tax-exempt interest recorded on the books this year to be itemized on Schedule M-1 Line 5a (second entry). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the amount of tax-exempt interest recorded on the books this year to be itemized on Schedule M-1 Line 5a (third entry). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the depreciation amount from Schedule K, line 6a, that is a deduction not charged against book income for this year. Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the amount for the next itemized deduction on Schedule K that is not charged against book income (use this field for any additional deduction amount related to line 6). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the total of the itemized deductions from Schedule K, lines reported under line 6, that were not charged against book income this year. Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the total amount that is the sum of Schedule M-1 lines 5 and 6 (the combined value of the items reported on those two lines). Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the total income or loss amount reported on Schedule M-1, line 8, which corresponds to the amount to be shown on Schedule K, line 18. Fill only if 'Schedule B, line 11 (Does the corporation satisfy both conditions: total receipts < $250,000 and total assets < $250,000?)' is 'No'.

Enter the balance at the end of the tax year for the accumulated adjustments account.

Enter the balance at the end of the tax year for shareholders' undistributed taxable income previously taxed.

Enter the balance at the end of the tax year for accumulated earnings and profits.

Enter the balance at the end of the tax year for the other adjustments account.

Enter the amount of other reductions applicable to the accumulated adjustments account for the tax year.

Enter the amount of other reductions attributable to shareholders’ undistributed taxable income previously taxed for the tax year.

Enter the amount of other reductions applied to accumulated earnings and profits for the tax year.

Enter the amount of other reductions applicable to the other adjustments account for the tax year.

Enter the balance at the beginning of the tax year for the accumulated adjustments account shown on Schedule M-2.

Enter the balance at the beginning of the tax year for shareholders' undistributed taxable income previously taxed shown on Schedule M-2.

Enter the balance at the beginning of the tax year for accumulated earnings and profits shown on Schedule M-2.

Enter the balance at the beginning of the tax year for the other adjustments account shown on Schedule M-2.

Enter the portion of the loss from page 1, line 22 that is applied to the Accumulated Adjustments Account (Schedule M-2 column (a)).

Enter the portion of the loss from page 1, line 22 that is applied to Shareholders' undistributed taxable income previously taxed (Schedule M-2 column (b)).

Enter the portion of the loss from page 1, line 22 that is applied to Accumulated earnings and profits (Schedule M-2 column (c)).

Enter the portion of the loss from page 1, line 22 that is applied to the Other adjustments account (Schedule M-2 column (d)).

Enter the amount of ordinary income from page 1, line 22 allocated to the accumulated adjustments account.

Enter the amount of ordinary income from page 1, line 22 allocated to shareholders' undistributed taxable income previously taxed.

Enter the amount of ordinary income from page 1, line 22 allocated to accumulated earnings and profits.

Enter the amount of ordinary income from page 1, line 22 allocated to the other adjustments account.

Enter the amount of distributions for the tax year to be reported in column (a) for the accumulated adjustments account.

Enter the amount of distributions for the tax year to be reported in column (b) for shareholders’ undistributed taxable income previously taxed.

Enter the amount of distributions for the tax year to be reported in column (c) for accumulated earnings and profits.

Enter the amount of distributions for the tax year to be reported in column (d) for the other adjustments account.

Enter the combined total of lines 1 through 5 (Combine lines 1–5) for the Accumulated Adjustments Account column (a).

Enter the combined total of lines 1 through 5 (Combine lines 1–5) for the Shareholders’ undistributed taxable income previously taxed column (b).

Enter the combined total of lines 1 through 5 (Combine lines 1–5) for the Accumulated Earnings and Profits column (c).

Enter the combined total of lines 1 through 5 (Combine lines 1–5) for the Other Adjustments Account column (d).

Enter the amount of other additions to the accumulated adjustments account for the tax year.

Enter the amount of other additions to shareholders’ undistributed taxable income previously taxed for the tax year.

Enter the amount of other additions to accumulated earnings and profits for the tax year.

Enter the amount of other additions to the other adjustments account for the tax year.

Check this box if Schedule M-3 is attached to this Form 1120-S return (i.e., you are submitting Schedule M-3 with the return).

Check this box if the corporation is electing to treat multiple activities as aggregated for section 465 (at-risk rules) purposes for the tax year.

Check this box if the corporation is electing to group activities for section 469 (passive activity loss) purposes for the tax year.

Enter the corporation's excess net passive income or LIFO recapture tax for this tax year.

Enter the tax amount reported on Schedule D (Form 1120‑S).

Enter the total of lines 23a and 23b and any other additional taxes for this tax year.

Enter current year estimated tax payments and any preceding year overpayment credited to the current year.

Enter the tax amount that was deposited with Form 7004.

Enter the credit for federal tax paid on fuels as reported on Form 4136.

Enter the elective payment election amount carried from Form 3800.

Enter the sum of lines 24a through 24d (total payments and credits).

Check this box only if you are reporting an estimated tax penalty and Form 2220 is attached to the return.

Enter the estimated tax penalty as determined per the form instructions.

Enter the amount owed if line 24 (total payments) is smaller than the total of lines 23c and 25. Fill only if 'Line 23c: Total additional taxes (add lines 23a and 23b)', 'Line 24 (total): Add lines 24a through 24d', 'Line 25: Estimated tax penalty' field 58 is smaller than the total of fields 53 and 60 (all).

Enter the amount overpaid if line 24 (total payments) is larger than the total of lines 23c and 25. Fill only if 'Line 23c: Total additional taxes (add lines 23a and 23b)', 'Line 24 (total): Add lines 24a through 24d', 'Line 25: Estimated tax penalty' field 58 is larger than the total of fields 53 and 60 (all).

Enter the portion of the overpayment from line 27 to be credited to the 2026 estimated tax. Fill only if 'Line 27: Overpayment' is greater than 0.

Enter the portion of the overpayment from line 27 to be refunded to the corporation. Fill only if 'Line 27: Overpayment' is greater than 0.

Enter the starting date of the tax year for this return (the month and day the tax year begins).

Enter the ending date of the tax year for this return (the month and day the tax year ends).

Enter the calendar year in which the tax year ends (the four-digit year).

Check this box if you authorize the IRS to discuss this tax return with the paid preparer listed on the form (i.e., you grant third-party designee permission).

Check this box if you do not authorize the IRS to discuss this tax return with the paid preparer listed on the form (i.e., you do not grant third-party designee permission).