The current year retained earnings on your balance sheet should be the beginning retained earnings balance plus income/loss and less distributions and other adjustments. If you click on the ending retained earnings number, you will see a magnifying glass icon appear that you can click on to see the detail for the calculation of that number.
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not so. 2019 retained earnings is not included in Balance sheet of tax form 1120S.
2020 retained earnings field is blank and adjustable but entering true numbers throws it off balance
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