Schedule M-3 (Form 1120S) 2018
Page 2
Name of corporation Employer identification number
Part II
Reconciliation of Net Income (Loss) per Income Statement of the Corporation With Total Income
(Loss) per Return (see instructions)
( ) ( )
Income (Loss) Items
(Attach statements for lines 1 through 10)
(a)
Income (Loss) per
Income Statement
(b)
Temporary
Difference
(c)
Permanent
Difference
(d)
Income (Loss) per
Tax Return
1
Income (loss) from equity method foreign corporations
2 Gross foreign dividends not previously taxed . . .
3 Subpart F, QEF, and similar income inclusions . .
4 Gross foreign distributions previously taxed . . .
5 Income (loss) from equity method U.S. corporations .
6 U.S. dividends not eliminated in tax consolidation .
7 Income (loss) from U.S. partnerships . . . . . .
8 Income (loss) from foreign partnerships . . . . .
9 Income (loss) from other pass-through entities . .
10 Items relating to reportable transactions . . . . .
11 Interest income (see instructions) . . . . . . .
12 Total accrual to cash adjustment . . . . . . .
13 Hedging transactions . . . . . . . . . . .
14 Mark-to-market income (loss) . . . . . . . .
15 Cost of goods sold (see instructions) . . . . . .
16 Sale versus lease (for sellers and/or lessors) . . .
17 Section 481(a) adjustments . . . . . . . . .
18 Unearned/deferred revenue . . . . . . . . .
19 Income recognition from long-term contracts . . .
20 Original issue discount and other imputed interest .
21a
Income statement gain/loss on sale, exchange,
abandonment, worthlessness, or other disposition of
assets other than inventory and pass-through entities
b Gross capital gains from Schedule D, excluding
amounts from pass-through entities . . . . . .
c
Gross capital losses from Schedule D, excluding
amounts from pass-through entities, abandonment
losses, and worthless stock losses . . . . . .
d
Net gain/loss reported on Form 4797, line 17,
excluding amounts from pass-through entities,
abandonment losses, and worthless stock losses .
e Abandonment losses . . . . . . . . . . .
f Worthless stock losses (attach statement) . . . .
g Other gain/loss on disposition of assets other than
inventory . . . . . . . . . . . . . . .
22 Other income (loss) items with differences (attach
statement) . . . . . . . . . . . . . .
23 Total income (loss) items. Combine lines 1 through
22 . . . . . . . . . . . . . . . . .
24 Total expense/deduction items (from Part III, line
32) . . . . . . . . . . . . . . . . .
25 Other items with no differences . . . . . . .
26 Reconciliation totals. Combine lines 23 through 25
Note: Line 26, column (a), must equal Part I, line 11, and column (d) must equal Form 1120S, Schedule K, line 18.
Schedule M-3 (Form 1120S) 2018