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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
Satisfied Customers: 586
Experience:  10 years experience
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I am trying to complete the 1120S form....(through TurboTax)

Customer Question

Hi I am trying to complete the 1120S form....(through TurboTax) It is saying that my balance sheet is out of balance
JA: The Expert will know how to help. Please tell me more, so we can help you best.
Customer: what information do you need?
JA: Is there anything else important you think the Expert should know?
Customer: the total liabilities is more than the total assets
Submitted: 1 month ago.
Category: Tax
Expert:  ABC Accounting Group replied 1 month ago.

Hi. I can help. Do you have a General Ledger that you can reconcile to? You may not have included both sides of an entry. I could look at it.