Question: Schedule M - 1 ( LO 1 1 . 4 ) The purpose of Schedule M - 1 on the corporate tax return is to:

Schedule M-1(LO 11.4)
The purpose of Schedule M-1 on the corporate tax return is to:
a. List the officers of the corporation and their compensation.
b. Calculate the net operating loss deduction.
c. Summarize the dividends received deduction calculation.
d. Reconcile accounting (book) income to taxable income.

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