Import Retained Earnings incorrect. How to correct problem

Hello,

Please Advise. I imported the tax return info from last year and I have the print out from last years tax return for the 1120s. The retained earnings in Turbo Tax imported incorrectly. How do I override the program error?

posted

Have you tried transferring the prior year tax file again to see if the number imports correctly? After the import, is the prior year balance sheet out of balance?

Overriding transferred numbers will invalidate the TurboTax guarantees and may prevent e-filing the return.

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