Many thanks. This solves my problem of opening balances in Balance Sheet.
I still have questions related to Form 8954 and would appreciate guidance.
1. I have prepared Form 8954 and completed Part I and III to claim goodwill impairment. (I have solid and convincing basis for claiming goodwill impairment). So, the question is: do the numbers from Form 8954 flow into Balance Sheet in TT? I think Form 8954 is supplementary and "explanationatory" to IRS but I'd highly appreciate clarification so that I know how to enter the ending balance for Goodwill.
