This question is for TurboTax Business. Last year was my first year doing my own return with TurboTax. This year has gone smoothly up to the "Enter Equity Adjustment". There is an amount for last year that I don't think I should have put here. It is my shareholder equity amount from 2020. (member equity minus prior year retained earnings). If I don't put an amount in that section for this year, my "Total Liabilities, Capital & Retained Earnings" is off by that amount from the end of 2020. Can anyone explain this? Do I go ahead and put last years amount into this years adjustment?
