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January 19, 2021
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corporate tax installments

  • January 19, 2021
  • 1 reply
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Where do I enter corporate tax installments  on balance sheet?

Right now I've entered them at line 1484 as a prepaid expense and then entered the tax due on line 2680 as taxes payable.

 

At the bottom left on TT Inc it shows the full amount of tax. Should the installments be entered somewhere else so the tax due at the bottom shows the actual tax due. That is, tax due less installments.

Many thanks!

Best answer by Anonymous_

It appears from your post that you want the TurboTax Canada Community and you got the U.S. Community.

 

Post your question in the Canada Community at the link below.

 

https://turbotax.community.intuit.ca/community/turbotax-support/help/03/en-ca

1 reply

Employee
January 19, 2021

It appears from your post that you want the TurboTax Canada Community and you got the U.S. Community.

 

Post your question in the Canada Community at the link below.

 

https://turbotax.community.intuit.ca/community/turbotax-support/help/03/en-ca