Hello, to all. Hope you're headed into a good weekend, but need to get some input from great experts.
I've never seen anything like it in Turbotax Business, in which the 2020 year. While working on tax, an error in filling the forms have described: "Form 1120S p3-5: End of year balance sheet is out of balance. Each of year total assets must equal end of year total liabilities and shareholders' equity."
I'm terrified and need a description to know where to go and what to fix. Since I've worked Turbotax for two years now, a bit lost. (Probably not the only one!) Quite disturbing.
Thanks in advance for experts! 😊 (For help!) (Again, I need to know where and what to do about the "end of year balance sheet--out of balance.")
