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Form 1065 Balance Sheet rounding issues
I am trying to complete schedule L on Form 1065 and TurboTax introduces rounding errors that make it impossible to balance the balance sheet. How do I address these issues? Should I add an entry called "Rounding errors" or should I force some of the numbers there to different values to fix the balance sheet? What is the accepted practice?
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‎February 17, 2023
9:42 PM