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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 14496
Experience:  15years with H & R Block. Divisional leader, Instructor
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My name is ***** *****. I am wondering if Georgia requires a

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Hello, My name is ***** *****. I am wondering if Georgia requires a L balance sheet, although the business made less than $250,000?
JA: Thanks. Can you give me any more details about your issue?
Customer: Yes. I filing a 1120s return.
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Submitted: 1 year ago.
Category: Tax
Expert:  Robin D. replied 1 year ago.

Hello

Georgia requires a Schedule L even if it was not required by federal.

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Expert:  Robin D. replied 1 year ago.

http://dor.georgia.gov/documents/it-611-2015-corporation-income-tax-booklet

The requirement used to be listed in the booklet but although it is not shown in 2015 booklet, I would still attach the Schedule L no matter what. GA has always wanted that.

Expert:  Robin D. replied 1 year ago.

Please respond