Form 1120: Capital Gain Losses from Sch D not carried to pg. 1

Jimmy Rogers

Updated October 22, 2020 19:42

This is by design. Losses are not carried to page 1 of Form 1120, only gains. Losses are reported on page 4 of Form 1120, on line 3 of Sch M1.

This information applies to all years of the UltimateTax software.

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