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Level 1
posted Jan 31, 2025 10:07:28 AM

Turbo Tax Business software not adding common business expenses correctly

Hello,

I own an S Corp and I'm entering my common business expenses and when finished the calculated total is $1785, but when I click continue, the total the software comes up with a total of $2541. I can't seem to figure why this page is not adding up correctly. Except that one of the All Other expenses is a miscellaneous item of $756 which is the difference amount. Any help would be greatly appreciated.

0 1 1767
1 Replies
Expert Alumni
Feb 2, 2025 11:29:11 AM

Please clarify where you see the total that omits the miscellaneous item. Are your total expenses/deductions correct on Form 1120S Line 21?