@Mike9241, everything about your example checks out with my return for p. 1 and sch. K. In fact, I think it just checks out. I'm not sure if you meant for your example to work or if it was supposed to be flawed, but I calculate it to be right. Line 9 would be $110,000, which includes $80,000 on line 22 (and K line 1) and $30,000 on line 4c.
Perhaps it is informative that, for TT, M-1 line 1 does not flow from p. 1 line 22. TT actually calculates line 1, by backing into it. It starts by transferring Analysis of Income line 1 to M-1 line 9 and then adds and subtracts tax/book differences. So, the total I show on my M-1 line 1 actually only shows up on that line and M-2 line 3. It isn't anywhere else in the return.
