Lkgarcia52
Returning Member

Get your taxes done using TurboTax

Thank you for responding. 

There is a section called "Adjustments to Shareholders Equity".   On my 2020 return I put an amount here that consisted of 2020 Member Equity  of 128,000 Less 2019 Retained Earning of -930.  

On my 2021 return I am out of balance if I do not include this same amount somewhere, presumably in the same section of "Adjustments to Shareholders Equity".   

Did I put those 2020 Retained Earnings in the correct spot and is it correct that I need to enter this same amount on my 2021 return?