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Video instructions and help with filling out and completing Form 1065 Schedule M 3 Schedules

Instructions and Help about Form 1065 Schedule M 3 Schedules

Welcome in this video gone through this kitchen scene and this is to help people who suffer employer to have small business income for their return the first part of the schedule sees is the taxpayers name and social security number line a is the principal business or profession including products or service if any and right across from an order to write as B is the cold we have codes which is six digits that we use identify certain industries in this country that we live in and so the six digit code will correlate to the type of Benesch you're doing or something similar to that if it's another exact match a line C is business name if you don't have a business name then you leave it blank line is the address if it's different than where you actually live that say if you working from home then it'll be the same as your home address but if you have a commercial location then it'll be the commercial location address line F county method a lot of people use cash based method cuz you have a lot of cash based businesses myself I use a kuro method called sir it's a different advantage to use a curl method basic based other than cat based on other than a cash based method so I like to experiment it better because the difference between a catch basin a cure method is cash based business is strictly only can count cash as discs as they receive it in the hand a trio based method is I can count income that I I made based on providing service even though I haven't received the money yet and so that's the difference when cash based vs. Acura method is that I can...