1120 Sch L, M1 and M2

[Pacun]

In previous years, I have not been able to create an efile file when I have not filled out those schedules (L, M1 and M2) if the company's gross income was more than $250K. This year I was able to create an efile file without entering any information on those schedules when a company made $300K. Has something changed? I have answered NO to the question "Are the total receipts less than $250,000?

 

[Terry D EA]

I hope you haven't transmitted this return. If the receipts do indeed exceed the 250K and you checked the box No, then the IRS will be looking for the Schedules you mention. I always complete the balance sheet, the M-1 and M-2 regardless of the income.