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okay so for this video i want to cover the schedule l balance sheet per books thats included with a form 1120 corporate tax return uh so the schedule l is required in every form 1120 filing but you can under some circumstances leave schedule l blank right so ive got an example form 1120 and schedule l here and a slide which covers some of the rules and some of the exceptions for completing that form but also includes why i think that you should always be filing and completing schedule l even though you might find that you dont have to um so the schedule l is included with every form 1120 even if you have to leave it blank or can leave it blank right so form 1120 includes a standards uh set of six pages right so it always includes schedules l j k l m one and m two right so if we look here at the schedule l for this company this is page six of a standard form 1120 dec um so we have m1 m2 l and then weve got schedule k up here right so those are included schedule j schedule c dividen