How to bypass Balance Sheet in TurboTax 2023 Desktop

[gordonwrogers]

My S-Corp is not required to submit a balance sheet based on IRS criteria. However, I can't figure out how to bypass the balance sheet in TurboTax Business Desktop 2023. I'm running Windows 11 Pro. I would have thought TTBD would recognize that my business doesn't meet the criteria, but it doesn't and won't let me file without having everything balanced. Please provide instructions on how to bypass the balance sheet. I have tried deleting the form and it comes right back in again.

[DaveF1006]

According to this article posted in Turbo Tax, a balance sheet may be avoided if:

• Total business income (before deductions) is less than $250,000, and
• Your business isn't filing an Alabama, Connecticut (non-partnership), District of Columbia, Georgia, Kentucky, Louisiana, Massachusetts, Mississippi, New Jersey (non-partnership), New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, or Tennessee return, and
• Corporation/S corporation year-end assets are less than $250,000 or partnership/LLC year-end assets are less than $1,000,000.

In your case, is your business located in the states that are mentioned?