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

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:

• How to enter an ending balance sheet on Form 1120S in ProConnect Tax
• Enter a change in ownership for Form 1120S