I am using Turbo Tax For Business for 2024 Form 1065. I completed the step-by-step approach and Balance Sheet, Capital Reconciliation, it says In Balance. I filed the Form 1065. But I just reviewed the Form 1065 K-1, the Withdrawals and Distributions are not reflected in the M-2 and each respective Partners' K-1. Why the difference? And why would Turbo Tax allow it to transmit with this discrepancy?
