Where do I enter taxes and licenses for Form 1120, line 17 in ProConnect Tax

Follow these steps to enter taxes and licenses for Form 1120, line 17:

1. Go to the Input Return tab.
2. On the left-side menu, select Deductions.
3. Click on Deductions.
4. Enter any applicable amount in Licenses and permits.
5. Scroll down to the Taxes subsection.
6. Enter the appropriate amounts in the following fields:
   • State tax (automatic if using state tax accrual option 1)*
   • Payroll taxes
   • Real estate taxes
   • Personal property taxes
   • Other (Click on button to expand)
   • Other taxes non-deductible under state law (Click on button to expand)
   • Other taxes based on income and profits (Click on button to expand)

Additional Information

• *State tax accrual options can be found on the General > Miscellaneous Information screen.
• You may see additional input options not listed above in the Taxes subsection, depending on what state returns you are filing.
• To generate a statement itemizing the taxes and licenses included on line 17, scroll down to the bottom of the Deductions screen and enter a 1 in 1=print tax deduction statement, 2=suppress [Override].

Related Topics

• Suppressing the 1120 Balance Sheet
• Ending balance sheet is out of balance on Form 1120
• Charitable contribution input for Form 1120