Unfortunately, you cannot edit Retained Earnings on a business return that includes Schedule M-2. This number is automatically calculated based on last year's ending balance plus this year's income or loss.
Your best option is to review your entries for income and expense to be sure your net income for the year is correct.
Your other option is to remove Schedule M-2 from your return. Click on Forms in the TurboTax header. Look for Form 1120S p3-5 in the left column. Click the form name to open it in the large window. Scroll down to Schedule M-2. Check "No" for both questions at the top of the schedule. Scroll up to Schedule L Line 24 and enter your Retained Earnings.
Note that you may not need to include a Balance Sheet with your
return. Read more here:
https://ttlc.intuit.com/replies/3302277
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