Schedule X: Amended Return Adjustments (2024)
Maine · Maine Revenue Services · Used for tax years 2024
Maine Schedule X reports amended return adjustments to Form 1120ME. It lists the reasons for changes, the lines adjusted, the amounts most recently filed or adjusted, and the corrected amounts.
Who files this form
The 2024 Schedule X reports amended return adjustments for Maine Form 1120ME. Enclose Schedule X with your Form 1120ME.
What you'll need
- Form 1120ME, with which you must enclose Schedule X.
- An explanation if you select “Other” as the reason for change.
- Form CR if you select “Combined return.”
You will also need the name shown on Form 1120ME, your federal EIN, and the most recently filed or adjusted amounts for the lines you are changing.
How to file
Enclose Schedule X with your Form 1120ME.
- Enter the name shown on Form 1120ME and your federal EIN.
- Check all applicable reasons for the change.
- For each line being adjusted, enter the line number, the amount most recently filed or adjusted, the adjustment, and the correct amount.
- Attach an explanation for “Other” or Form CR for “Combined return,” as applicable.
The form refers you to page 12 of the Form 1120ME instructions and maine.gov/revenue/tax-return-forms for more information. The supplied text does not give a mailing address or e-filing instructions.
Common mistakes
- Leaving Schedule X out of your Form 1120ME submission. The form says to enclose it.
- Checking only one reason when several apply. The form says to check all applicable boxes.
- Omitting the explanation when selecting “Other,” or Form CR when selecting “Combined return.”
Questions people ask
Which name should I enter?
Use the name shown on Form 1120ME. The form also asks for your federal EIN.
Can I check more than one reason for the change?
Yes. Check all applicable boxes.
What amounts do I report for each changed line?
Enter the amount as most recently filed or adjusted, the adjustment, and the correct amount. Also identify the line being adjusted.
What if my reason for the change is not listed?
The form provides an “Other” box and directs you to attach an explanation.
Where can I find more information?
Schedule X points to page 12 of the Form 1120ME instructions and maine.gov/revenue/tax-return-forms.