You probably have done this but just in case...If you click on the Federal Taxes, Balance Sheet tab in the Step-by-Step method, and then click one screen furthe...
Whether it's a tax free completely forgiven PPP loan or a tax free EIDL grant, at the Federal level it has to be entered into TurboTax to get the Balance Sheet ...
After struggling with how to get the tax free EIDL grant money onto the 1120S I finally found a way to make it work within TT. I'm not an accountant but my acco...
I'm filing the 1120S. I don't have a line 4(b) on the M-1. I do have a line 5 where the tax exempt income seems to go. But no matter what I do I can't get every...
There still seems to be a problem with the 1120S software. If you had an income of, say, $100,000 and had deductions of, say, $60,000 then your taxable income o...