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Turbo Tax for Business - Numbers Not Footing Correctly
I'm using TT for Business. I came across 2 issues:
1. Numbers for Code Z, 199A are not coming over in the K-1. It's blank even though there should be a calculated amount.
2. On K-1, Total Capital at beginning of the year, when adding all the partners together, does not equal what's noted in the Balance Sheet. It's off by $100 which then causes ending capital to be off by $100. This number can't be overridden.
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‎January 20, 2023
9:47 AM