1120 - Item D Total Assets



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 to be completed if the answer to Schedule K, question 13 (gross receipts and total assets are both less than $250,000) is Yes

If the amount is not required to be printed, you can force it to produce by entering it on the Print Options screen (PRNT) override. An entry here will override the total asset amount carried from Schedule L.

 

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

For more information, see the 1120 Instructions