Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Form 1065 Schedule M-2

RickC
Level 1

I have an M-1 adjustment.  my balance sheet is out of balance by the amount of the adjustment because the M-1 adjustment is not reflected on M-2 Line 3. Line3 shows tax income not book income and my retained earnings is off by the amount of the M-1 adjustment..

0 Cheers