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

SOLVEDby IntuitProConnect TaxUpdated July 27, 2021

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.

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

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