turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

Turbotax Desktop Business 2025 not including Retained Earnings (Bug?) Balance Seet is Off

I know I am really early working on my 2025 taxes...BUT... for my small LLC parternship the balance sheet is NOT calulating my retained earnings. That leads to the balance sheet being off by the exact amount of my retained earnings. Is this a bug? or something I am going to have to find a place to enter so that it balances. All my numbers for last year balanced perfectly.  

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
M-MTax
Level 14

Turbotax Desktop Business 2025 not including Retained Earnings (Bug?) Balance Seet is Off

Balance sheet issues are a major pain in TurboTax Business and, apparently, always have been.

 

Your best bet is to make the entries in Forms Mode and ensure the figures are correct. TurboTax does very little for you in that regard.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question