I don't know how to remedy an entry for Form 1065 p4-5 error.
The screen says "Total partners liab is not equal to total of liabilities shown on Balance sheet. Attach a reconciliation form per instructions.
I know the reason for the balance sheet error. It is because I put the Security Deposit we are holding for our tenant in Line 20. I thought I took care of this error when I filled out the Form 1065 Schedule L that popped up when I double clicked on the security deposit amount for both prior and current year. When reviewing the taxes that our accountant did last year, I am putting the security deposit amount in the exact same place as he did.
The software is asking me to attach a reconciliation per form instructions. Can anyone assist me in knowing how I am to do that? Also, is there any harm in how I double clicked and created the form that popped up when I double clicked on the security deposit amount?
All my balance sheets, income statement, capital accounts are balanced. This is the only error I have and I don't know what the form instructions are for the 1065 Turbo Tax is referring to.
Thank you for the help!
