How do I create an 1120-L - U.S. Life Insurance Company Income Tax Return using worksheet view?

  1. Select General > Basic Data > Section 1 - General
    • Input Return code for 1120-F/RIC/FSC/REIT/PC/LPOL/DISC/SF - line 23, select Form 1120-L
  2. Select Insurance > 1120-L - Life Insurance Company > Section 1 - General.
  3. Input Elections made under IRC - line 1, make the applicable selection.
  4. Calculate the return.
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