For an s-corp, when the employee retention credit is entered on screen 15, Lacerte automatically reduces the wages reported on Line 8 on Page 1 of the return. However, it is also making an M-1 adjustment for the wage expenses recorded on the books but not on the tax return. This is causing my balance sheet to be out of balance by the credit amount. Would the appropriate fix be to record an additional M-1 adjustment for income recorded on books, but not on the tax return, for the employee retention credit amount? Alternatively, overriding the automatic M-1 adjustment that Lacerte is creating to 0 would work. I'm just hesitant to do either of these options, because you would think Lacerte would do this automatically. Any thoughts?