TMDryden
Returning Member

Get your taxes done using TurboTax

Thanks so much for the reply.  I'm not seeing an opportunity to make an adjustment on the asset side...we are a service organization using the cash method, so the only real asset is what was in the business checking account at year end, correct?  That is the asset amount shown in both QB and Turbo Tax.  In QB, the Liabilities and Equities section is balanced, but that section is off in Turbo Tax by just the RE amount.  Are you able to provide an example of the type of adjustment that would correct the imbalance based on the info that I have provided?