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The purpose of Schedule M-1 on the corporate tax return is to: a. Reconcile accounting (book) income to taxable income. b. Summarize the dividends received

The purpose of Schedule M-1 on the corporate tax return is to:

a. Reconcile accounting (book) income to taxable income.

b. Summarize the dividends received deduction calculation.

c. List the officers of the corporation and their compensation.

d. Calculate the net operating loss deduction.

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