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Form Bls 3020

Form Bls 3020

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Instructions and help about bls3020 form

hey there youtube so in this video i wanted to talk about schedule b for the form 1120 so schedule b is additional information for schedule m3 filers this is an additional schedule on top of the m3 filing so most corporations just have to file the form 1120 with some with a number of other schedules and forms depending on what they're engaged in but m3 is required if you have a corporation that has more than 10 million in assets and then schedule b can be required on top of that if a corporation has an excess of 50 million in assets so i have an example m3 here but we also have a example slide over here with a fact pattern some of the rules so we're going to go through the slide first and then jump back to the schedule m3 and go through some of the questions that are required so if we start at the top here again schedule b is required if you have an 11 20 filing for a c corp that is also filing an m3 okay so m3s are filed if the corporation at the end of the year has to

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