The IRS has announced that Section 2 of TY 2009 Directions to e-file Mixed Returns, has been updated to provide more clarity around the various Schedule M-3 required for Mixed Group Returns.
The IRS emphasized that these directions must be followed by all Mixed Group Corporations (Form 1120 Parent with one or more Form 1120-L or Form 1120-PC subsidiaries) that e-file.
Posted by Joshua Hock, Associate Editor, Wealth Strategies Journal

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