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rtn
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Entering non deductible expenses 1120s

It appears that there is still no way to enter non deductible expenses via the Step-By-Step process.  Is this correct?  The only way to enter these expenses and make the retained earnings balance is to manually enter them in the forms M2 worksheet, Item 16c.  Unfortunately, if you switch back to forms and to the reconciliation, the entry doesn't update in the Step by Step.  Furthermore, it appears that clicking on Balance Sheet to walk through the step by step, erases the manual entry in the forms.  What gives?

 

This inability to enter via step by step has existed for several years.  https://ttlc.intuit.com/community/taxes/discussion/re-how-to-enter-non-deductible-expenses/01/172096...

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1 Reply
ThomasM125
Expert Alumni

Entering non deductible expenses 1120s

While it seems to be true that you need to enter the non-deductible expenses by using the M-2 worksheet, I didn't experience the trouble you mention having the manual entries erased when going back to the balance sheet in the step by step mode. That may be an issue with the program not working properly with your operating system. You can try clearing the cache and cookies on your computer and that may help with that issue.

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