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Get your taxes done using TurboTax
Some of the accounts automatically calculate and you are unable to zero all of the fields. Here is some information on reconciling a balance sheet. Reconcile Balance Sheet
The Liability, Capital and Retained Earnings is a field that is automatically calculated based on the net income or loss of the return. You are not able to zero out this number. Just proceed with entering all the information and see if it balances.
If you are using a desktop version, you can switch to Forms and ago to the Balance sheet.
March 8, 2022
4:03 PM