KennethS
Employee
Employee

Sorry I am late, was doing some research on this topic and found this thread. We do offer an informational diagnostic in both the Partnership and Scorproation tax types that advise we are making this M-1 adjustment. This diagnostic will jump back to the balance sheet miscellaneous screen. We added an override labeled Schedule M-1 adjustments for refundable employment tax return credits: 1=yes, 2=no [O]. As this is an override we can also change the default. In options on the Tax Return tab under Federal Tax Options there is a similar heading. If we change the option to no it will default all returns to not include the adjustment and no override would be needed.