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What is this error: Form 1120S p3-5 (Not Done)
Hi - Looking at the Forms view, there is a red exclamation mark beside "Form 1120S [3-5 (not Done)"
It's not required that I submit a Balance Sheet, but TurboTax is telling me that my balance sheet is out of balance (Schedule L).
When I look at the Forms Required to File taxes, it doesn't show a Schedule L. Can I just submit the return and the Schedule L won't be sent? Is it just a glitch that the software keeps asking me if I want to proceed because there are errors?
Thanks!
March 12, 2025
11:40 AM