california-form-100 Balance sheet is per book or per return?

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If you are referring to Schedule M-1, that form reconciles the difference in your income per books with your income per return. It's a comparison of the company income recorded on its financial books vs. the taxable income reported on the tax return.

For more information, refer to the Instructions for Form 100 CA Corporation. Scroll down to Schedule M-1 instructions. If you need more help, send us another message.

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