The Capital Reconciliation section does not report capital on a tax basis but is comparing the balance sheet book balance of capital to your tax records. Basis is not calculated on a tax return nor on the books. It is a separate tracking system that most businesses provide details about to partners but is the partners' responsibility to track their own basis.
TurboTax calculates the capital balance based on book-to-tax differences that are entered for the current year. If you have records of something that has affected the capital account balance that is not reported in TurboTax, you can enter a different balance based on that. You need to go through the steps I listed to get TurboTax to carry the correct amounts to the forms instead of trying to override and reconcile the M-2 directly on the form.
@eastend19
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