Question

Schedule M-1 entry preventing error check completion

Forum|Forum|6 years ago
March 2, 2020
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My balance sheet, income, and retained earnings all reconcile. On Schedule M-1 there are two entries under 3b, the first is non-deductible travel/entertainment (get that) and the second amount does not have a description. I'm presented with a prompt to enter a description in a box - I do so and it creates a new line with no number. Nothing I do fixes it - so I have a line with a description and no amount, then a line with no description and an amount. What was first defined as one error by error check is now two. I'm unable to get past this and file.

TurboTax Business Windows

S

spequigneyAuthor

Despite 3 hours on the phone with TurboTax support not resulting in finding a solution, further experimentation on forms resulted in my being able to find an entry point for this necessary information and completion of the error checking process. This is clearly a bug in the program and wasted a ton of my time.

To get around the limitation of the step-by-step process, change to Forms (upper right of program window). Go to "Sch M-1 Wks" and look for the number without a description; here it will allow you to make an entry, and the exclamation point next to Form 1120S p. 3-5 will disappear. You can now complete error checking and file electronically - until I reached this point it was not apparent whether or not I could do that, and Intuit support suggested that I might need to print and file by mail.