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My name is ***** *****. I am wondering if Georgia requires a

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Hello, My name is *****...
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
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2/17/2016
Tax Professional: Robin D., Senior Tax Advisor 4 replied 1 year ago
Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 16,277
Experience: 15years with H & R Block. Divisional leader, Instructor
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Hello

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

Please remember to rate my service excellent once you have all the information you need. If you have any other questions, please ask me – I’ll be happy to respond. Thank you!

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Tax Professional: Robin D., Senior Tax Advisor 4 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.

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Tax Professional: Robin D., Senior Tax Advisor 4 replied 1 year ago

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Robin D.
Robin D.
Robin D., Senior Tax Advisor 4
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