Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 1:48:27 AM

Form 1120S. I have unexplained deductions on line 19. Where do I find the statement referred to on line 19?

1120S form. Lines 7 through 21. I have $0 on line 7. $19 on line 11. $267 on line 12. And line 19 has $14,670. I have no idea where this $14,670 came from on line 19. Where do I find the "statement" referred to on line 19? 

0 1 2651
1 Replies
New Member
Jun 6, 2019 1:48:29 AM

To check other business deductions in Turbotax Business:

·        Open the return

·        Under the FEDERAL TAXES tab

·        Select Deductions

·        Under Business Expenses

·        On the All other expenses line, click Update

·         The expenses for line 19 should be on this page.