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R
Rhulbert
August 7, 2024
Question

2023 1120S line 7 shows $6815 shareholder compensation. Form 1125-E is blank. Data source of 1120S line 7 says line 4 of 1125E. Where did the 6815 figure come from?

  • August 7, 2024
  • 1 reply
  • 0 views
I cannot find anything that corresponds with that figure in my return. What is source if data source is empty?

1 reply

A
Anonymous_
Employee
August 7, 2024

Check Forms Mode and see where the $6815 was input. It had to come from user input.

R
RhulbertAuthor
August 7, 2024

@Anonymous_ I was in forms mode, right clicked and selected data source. It directed me to form 1125e line 4, which is blank. Any other ideas of where I can find this? Trying to get a mortgage loan and they need this number explained.

A
Anonymous_
Employee
August 7, 2024

How and where in the program did you enter this figure ($6815)?

Form 1125-E is for compensation of officers. If you entered this figure in the wrong box, it won't appear on Form 1125-E.

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