Knowledge Base

10103: 1120 - Item D Total Assets

1120 Corporate

How do I enter an amount in Box D Total Assets at the top of an 1120 return?


Item D is completed automatically by the software based on asset data entry in the return. It is not required if the answer to Schedule K, question 13 (gross receipts and total assets are both less than $250,000) is “YES” but may be entered on the Print Options screen (PRNT).


An entry here will override the total asset amount carried from Schedule L.

If you elect (on the PRNT screen) to Force Schedules G (1120-C), L, M-1, and M-2 to be printed the total assets will also print in Item D.

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