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.
Hello,
The Schedule 101 will be used as the opening balance sheets and the schedule 100 is the closing balance sheet.