Form N-35, Schedule D print requirements
To print, calculate, or suppress 1120 Hawaii Form N-35 Schedule D Capital Gains and Losses and Built-in Gains:
- Go to theOrganizer, thenBasic Return Information.
- Go to theReturn / Entity Typesection.
- Make sureS Corporationis selected for theReturn type.
Make sure that the financial return F-1 is not selected.
- Go to theOrganizer, then theStatesfolder.
- SelectState and City Activation.
- InColumn F, Financial Return, clear the checkbox forHawaii.
An amount must be populated on
Sch D-Cap. Gain/Loss and Built-In Gain
.- Go toTax Forms, then theStatesfolder.
- SelectHawaii, thenN-35 – S Corporation Income Tax Return.
- SelectN-35, S Corporation Income Tax Return. Make sure there's an amount on theSch D-Cap. Gain/Loss and Built-In Gaintab. One of the following must be populated:
- Sch D-Cap. Gain/Loss and Built-In Gain Line 7, Column f
- Sch D-Cap. Gain/Loss and Built-In Gain Line 7, Column g
- Sch D-Cap. Gain/Loss and Built-In Gain Line 8, Column f
- Sch D-Cap. Gain/Loss and Built-In Gain Line 8, Column g
