Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
GF
Returning Member

Turbo Tax is telling me to "enter a liability on the balance sheet for Federal Income Tax Payable 0. How do I do this?

I have an NOL that I'm carrying forward which zero's "0" out my tax liability.  My income reconciliation is out of balance due to the NOL, how do I enter this in QB desktop?
2 Replies
MMTaxMM
Level 10

Turbo Tax is telling me to "enter a liability on the balance sheet for Federal Income Tax Payable 0. How do I do this?

how do I enter this in QB desktop?

Maybe post this on the Quickbooks board 

GF
Returning Member

Turbo Tax is telling me to "enter a liability on the balance sheet for Federal Income Tax Payable 0. How do I do this?

Thanks, I did.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~