Hello, I am hoping someone can help me figure out what I am missing here. My Income (loss) is out of balance and I know what it is based on the amount. I just don't know how to correct.
The first part of my issue. The difference from my books seems to be the gain from the sale of my trailer ($2500.00) and $29 non-deductible amount from $58 meals on my books. My p&l is showing -$5,396 , but turbotax is showing -$2,867.
In the income section of TurboTax, I have $2500 in the Dispose of Business Property and also in Other Income the same amount. Should I include both?
Any suggestions would be greatly appreciated.
