I have a book/tax difference. Namely, last year a tenant paid January rent in December. Because I included this income on my business taxes in 2021, I need to subtract it from my tax return in 2022.
I see the Schedule M-1 worksheet, but when I enter income timing differences it shows up on M-1 line 2.
I'm trying to report income that is on my books, but will *not* be on Schedule K.
