Here's the mod from
http://www.1927a1.com/
1927 Semi-Auto Magazine Catch Modification
The semi automatic Thompsons will not accept original G.I. 20 and 30 round stick magazines.
The magazine catch must be modified by lowering the lip that engages the magazine .100" while maintaining the original contours and shape.
This is commonly achieved with a Dremel tool or files.
Make certain that the firearm is unloaded, place the safety in the fire position and squeeze the trigger.
Using a dowel or other object that will not mar the finish of the frame push up on the pivot plate finger that holds the safety leaver, push the safety out.
After you have removed the safety, move the pivot plate so the ends of the pins are flush with the side of the trigger frame.
Pivot the magazine catch out far enough to clear the magazine engaging protrusion from the hole in the trigger guard.
Push on the pin part of the mag catch on the far side while pulling the catch out of the hole.
Once the magazine engaging protrusion has cleared the side of the trigger guard, carefully allow the catch to rotate and unwind the spring.
Remove the catch from the trigger housing . (Assemble in reverse.)
When re shaping the magazine catch, you must duplicate all the contours and angles when lowering the engaging surface.
Removing .100" will allow use of unmodified GI magazines.
Be careful not to remove too much metal.
You may have to re fit and test several times to achieve the optimal shape.