Tax return not matching my books

[Bex7]

I entered a new company in Quickbooks using my accountants 2021 year end balances. When I entered 2022 figures, my retained earnings is way off! I'm pretty sure it has to do with the recapture of depreciation from sold assets, because if I don't remove the accumulated depreciation from my balance sheet, I'm close. Shouldn't my retained earnings in QB match that on my tax return?

[Mike9241]

they both can be wrong.  when you sell property with deprecition then at the end of the year the accumulation deprecition on that property should not be on the balance sheet.

[Bex7]

Right. And my depreciation is not on the balance sheet. Still trying to back into RE.