Form 1065 (Schedule M-3)(redirected from 1065 Form (Schedule M-3))
Form 1065 (Schedule M-3)
A form that a partnership files with the IRS to reconcile its profit and loss statements. A partnership must file Schedule M-3 if its assets or adjusted assets exceed $10 million in value, if its total receipts exceed $35 million, or if a second partnership meeting those criteria owns 50% or more of the partnership.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved