RSTECH
Returning Member

1120S Line 7 error

Hello,

 

TurboTax entered $19,115 on line 7 from QuickBooks, which is a correct amount.

Unfortunately we're unable to e-file 1120S because TT is telling us to fill out form 1125-E.

 

Top of form 1125-E has a Note: Complete Form 1125-E only if total receipts are $500,000 or more.

 

Please help.