JamesG1
Expert Alumni

Get your taxes done using TurboTax

Do not recommend overriding to balance the balance sheet.

 

Are you working with an income statement and balance sheet from an accounting program?  Please advise.

 

Your balance sheet, perhaps, has Cash on hand, a Checking account and/or Receivables as assets offsetting the 1120S liabilities.

 

It is difficult to know how to answer without seeing the tax return.

 

 

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