This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 1120-PC Schedule M-3 for the current year.
This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. The document is a supplement to IRS Form 1120-PC, U.S. Property and Casualty Insurance Company Income Tax Return. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 1120-PC?
A: It is a tax form used by U.S. property and casualty insurance companies with $10 million or more in total assets.
Q: What is Schedule M-3 on Form 1120-PC?
A: It is a schedule that reconciles the net income (loss) of the insurance company.
Q: Who needs to file Form 1120-PC Schedule M-3?
A: U.S. property and casualty insurance companies with total assets of $10 million or more.
Q: What does Schedule M-3 reconcile?
A: It reconciles the net income (loss) of the insurance company.
Q: What are the total assets requirement for filing this form?
A: $10 million or more.
Q: Is Form 1120-PC Schedule M-3 specific to a particular tax year?
A: Yes, it is specific to the tax year indicated on the form.
Q: Is there a deadline for filing this form?
A: Yes, the deadline for filing Form 1120-PC Schedule M-3 is generally the same as the deadline for filing the corresponding tax return.
Q: Are there any penalties for not filing Form 1120-PC Schedule M-3?
A: Yes, there can be penalties for not filing or for filing the form inaccurately or late.
Q: Can I file Form 1120-PC Schedule M-3 electronically?
A: Yes, you can file it electronically through the IRS e-file system.
Form Details:
Download a fillable version of IRS Form 1120-PC Schedule M-3 through the link below or browse more documents in our library of IRS Forms.