never made one that big so all this is just a guess lol
i would have went with 2" all the way
i dont see 1-1/4 flowing 1200gph
thats alot of flow lol
"not sure how much gph they say 1-1/4 will flow"
i would make it 2" all the way
or
make a matching one for other side of tank
i have to go from 3/4 to 1" just to flow 256gph
and a 20g should work
1200gph going through a 20g sounds real fast lol
i would try to bump it up some,30g maybe?
if the out side loop is lower than the inside it will drain the system during a power outage. which then when the power comes back on, the overflow will not restart and then the tank will flood