sagarcpa
Level 4
02-11-2022
07:26 PM
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Thank you. I had found that button in my travels to get the M-2 to balance as per the IRS instructions. After a hour and a half on the phone with support, she basically said the program will not post anything to line 3 column a unless it is a separately stated item on the K-1 (which would create income for the shareholder and not the fix the IRS dictates) so I had to uncheck the auto calculation of the M-2 from the worksheet and enter everything manually straight to page 3 of the K-1 and the Schedule M-2. Not sure what I am paying this crazy amounts of money for the software to enter things manually and to balance myself but I am...Someone dropped the ball on this one.