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Business & farm
Update: It appears that TT doesn't enter in non deductible expenses like tax penalties and interest from QB. As a result, if you don't manually enter them in the forms (M1 worksheet), your Retained Earnings will not balance in TT. You have to be careful though, as TT can remove the manual forms entry if you walk through the Balance Sheet reconciliation again.
‎February 22, 2024
8:06 AM