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Business & farm
The numbers for the CA Schedule M-2 flow from the federal form. Open Form 1120S p3-5 & scroll down to Sch M-2 Line 3. Green numbers were carried over from the prior year; blue are manual input that can be changed. If there is a zero in any of the lines under Line 3, you may delete them as long as the box doesn't stay/turn red.
If you're unable to delete the zeroes, click "QuickZoom" under Line D in the box at the top of Sch M-2 and open the Sch M2/Retained Earnings Worksheet. It's possible a total from this worksheet is flowing to Sch M-2. Once you fix this worksheet, the other form errors should be resolved.
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‎February 28, 2023
8:08 AM