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Level 1
May 26, 2023
Question

I am preparing an 1120F. Trying to make M-1 adjustments, but the program a "book income". I have non deductible expenses I would like to add back, how do I do that?

  • May 26, 2023
  • 1 reply
  • 5 views
The program adjusts "book income" on line 1 instead of a book to tax adjustment.
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1 reply

sjrcpa
Level 15
May 26, 2023

You're probably entering on the wrong line. It needs to appear as Expenses on books not on return

The more I know the more I don’t know.