
Suspend calculation of Schedules L, M-1 and M-2 for Form 1065, 1120S or 1120 in ProSeries
by Intuit•6• Updated 10 months ago
When both the gross receipts and total assets are less than the applicable threshold the Schedules L, M-1, and M-2 may not be required and can be suspended. See the thresholds and how to suspend the calculation for your return type:
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