ProConnect HelpIntuit HelpIntuit

How ProConnect Tax calculates total assets for item F, Form 1120S

by ProConnect Tax Online Updated 7 months ago

Per the 1120S instructions:

If the corporation is required to complete Schedule L, enter total assets from Schedule L, line 15, column (d) on page 1, item F.

Intuit ProConnect pulls the number for item F directly from the Balance Sheet on Form 1120S, page 4.

Related topics:

ProConnect Tax

Sign in now for personalized help

Ask questions, get answers, and join our large community of Intuit Accountants users.

Dynamic AdsDynamic Ads