1107010058
PA SCHEDULE M
Reconciliation of Federal-Taxable
Income (Loss) to PA-Taxable
Income (Loss)
2011
9 DIGIT - NO DASH
PA-20S/PA-65 M
(05-11) (FI)
OFFICIAL USE ONLY
Name as shown on PA-20S/PA-65 Information Return
FEIN
PA Sales Tax License Number
START
PA Schedule M, Part A. Classifying Federal Income (Loss) for PA Personal Income Tax Purposes
Classify, without adjustment, the federal income (loss) from Schedule K of federal Form 1120S or from Schedule K of federal Form 1065. The entity must allocate or apportion
the amounts from the federal categories to the reportable PA PIT classes. The total of the specific federal line items should equal the total of the federal schedule.
Federal Form
Classified for Pennsylvania Personal Income Tax purposes
Form 1120S, Schedule K line
(a)
(b)
(c)
(d)
(e)
(f)
description
Federal
PA Business
Interest
Dividend
Gain (loss)
Rent & Royalty
Form 1065, Schedule K line
Income
Income
Income
Income
From Sales
Income (loss)
description
(loss)
(loss)
PA Schedule A PA Schedule B PA Schedule D PA Schedule E
1 Ordinary income (loss) from
If a loss, enter "0" If a loss, enter "0"
trade or business activities
2 Net income (loss) from rental
If a loss, enter "0" If a loss, enter "0"
real estate activities
3 Other gross rental income (loss)
If a loss, enter "0" If a loss, enter "0"
4 Interest income
If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0"
5 Dividends
If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0"
6 Royalty income
If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0" If a loss, enter "0"
7 Net short-term capital gain (loss)
If a loss, enter "0" If a loss, enter "0"
8 Net long-term capital gain (loss)
If a loss, enter "0" If a loss, enter "0"
9 Net gain (loss) from disposal of
If a loss, enter "0" If a loss, enter "0"
IRC Section 179 property
10 Net IRC Section 1231 gain (loss)
from Form 4797
If a loss, enter "0" If a loss, enter "0"
11 Other income (loss)
If a loss, enter "0" If a loss, enter "0"
12 Total PA income (loss) by
If a loss, enter "0" If a loss, enter "0"
classification. Total the amounts
in each column.
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1107010058
1107010058