Common Business Expenses Totalled Incorrectly in Step-by-step

[liz7171]

I imported my business file from QuickBooks into TT Business 2020. The total for Common Business Expenses is overstated by $104 in the Step-by-step area but is correct in Forms.  There is no depreciation expense or business meal expense involved (which I saw mentioned in answers to this problem in previous years.) I do have an expense for Repairs & Maintenance for $104 which seems suspiciously coincidental but it appears in its proper place on the form, and the list of individual expenses and total for Common Business Expenses is correct on the form as well. Can I ignore this discrepancy between the form and the step-by-step, or is there something that I need to do to fix it?

[ThomasM125 · Accepted solution]

I'm not sure why the amount is off, but you will see red marks next to forms that have problems in them, when you go to the forms mode. Also, if you do the Federal Review any errors in the forms will be mentioned. So, if you clear all errors then you can be confident that everything is adding up properly. Then, the only thing you need to do is look over your income statement and balance sheet and insure that those numbers tie into your Quickbooks numbers.