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:
  1. Go to the
    Organizer
    , then
    Basic Return Information
    .
  2. Go to the
    Return / Entity Type
    section.
  3. Make sure
    S Corporation
    is selected for the
    Return type
    .
Make sure that the financial return F-1 is not selected.
  1. Go to the
    Organizer
    , then the
    States
    folder.
  2. Select
    State and City Activation
    .
  3. In
    Column F, Financial Return
    , clear the checkbox for
    Hawaii
    .
An amount must be populated on
Sch D-Cap. Gain/Loss and Built-In Gain
.
  1. Go to
    Tax Forms
    , then the
    States
    folder.
  2. Select
    Hawaii
    , then
    N-35 – S Corporation Income Tax Return
    .
  3. Select
    N-35, S Corporation Income Tax Return
    . Make sure there's an amount on the
    Sch D-Cap. Gain/Loss and Built-In Gain
    tab. 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

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