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Get your taxes done using TurboTax
Thank you for your reply. This is not about distribution. I am trying to do the Income Reconciliation, Retained Earnings, and Balance Sheet in TurboTax to file my 1120. I had a $2000 Federal Income Tax refund on my 2019 form 1120. I am trying to enter this refund as either -$2000 or +$2000 and neither works. Entering it as -2000 fixes the Income Reconciliation, but messes up Retained Earning. Entering it as +2000 does vice versa.
Thanks.
‎January 17, 2021
3:07 PM