Doing taxes on my own for my S corporation with TurboTax Business 2022.
1. I entered beginning of year and end of year amounts on "Enter Your Assets Quick Entry" of Balance Sheet.
My Balance Sheet is not balanced and trying to figure it out.
Q1. Where are Retained Earnings amounts coming from on "Enter Your Liabilities and Capital Quick Entry" ?
Q2. Why in the world on Reconciling Retained Earning sheet Beginning Book Retained Earnings show 0? It's not true, i entered an amount there see item 1 above.
Q3. Above amount shows 0 and no way to override it... where is it coming from? What is logic? Or is it a bug in the software?
Please help,
Thanks,
Paul B.
