Using TurboTax 1120s, Under Your Deductions / Compensation and Benefits:
1) I added my Wages
2) I clicked the start button for "Enter Insurance and Other Benefits", and added dollar amounts to the ">2% owner" column and clicked continue
3) I did not see a total on the summary form next to "Enter Insurance and Other Benefits" so I presumed the values did not qualify and moved on to other things
Today when I revisited the return I saw an incorrect total wage amount and of course tried to fix it but it would not let me set the correct number. I then spent an hour trying to find the $ discrepancy. No luck.
The summary page offered no clue and the values are not present on any form or worksheet making it hard to find the issue. In the end I realized that I had forgotten about the values under "Enter Insurance and Other Benefits" section.
Turbotax needs to revisit this area and change the approach. Most people filling out the 1120S likely have a wage totals that likely already reflect the values under "Enter Insurance and Other Benefits". Most importantly, Turbotax should not use value on forms that are not reflected on a worksheet.
Hope this helps someone who might encounter the same issue.
