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Can I create both an opening and closing balance sheet in Turbotax?
I need to provide two balance sheets because this is my first return after incorporation. How can I create both the Opening and Closing balance sheet in TurboTax and indicate which is which?
EDIT: I figured it out! After entering in the balance sheet info TurboTax then asked if this was the first filing after incorporation and when I selected Yes it then created an Opening Balance Sheet as well.
October 30, 2019
1:09 PM
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Self-employed
Hello,
The Schedule 101 will be used as the opening balance sheets and the schedule 100 is the closing balance sheet.
October 30, 2019
1:09 PM