Total assets amount doesn't match total liabilities and equity

I'm using TurboTax Business Incorporated for the 2022 year. Corporation has 1 owner. The bookkeeping software I use shows a correct balance sheet, the total assets and total liabilities and equity amounts match.

When using TT, the balance sheet form S100, total assets and total liabilities and equity amounts in the respective fields don't match and unable to override. Error description, T2 RSI #1000002 : Total assets don't equal total liabilities plus total shareholder equity. Please review schedule 100 and/or 125. The Income statement on TT form S125 appears to be correct and no warnings. Appreaciate the help. Thank you.

623

Moderator

Apr 7, 2023 5:21:06 AM

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Total assets amount doesn't match total liabilities and equity