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I am trying to complete the 1120S form....(through TurboTax)

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Hi I am trying...

Hi I am trying to complete the 1120S form....(through TurboTax) It is saying that my balance sheet is out of balance

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The total liabilities is more than the total assets

Submitted: 8 months ago.Category: Tax
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Answered in 2 hours by:
9/13/2017
Tax Professional: ABC Accounting Group, Certified Public Accountant (CPA) replied 8 months ago
ABC Accounting Group
ABC Accounting Group, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 876
Experience: Business Consultant/Accounting Manager
Verified

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.

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