AAE
Level 1
12-08-2024
09:23 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hello,
I am working on a 1120 for 2023 for a client and I am having trouble balancing schedules m-1, m-2 and L without having to move some numbers around. They had an asset they sold. On the books it is income, but for tax purposes they had a loss. Is there anything special I need to do in order to get this right or just balance it out myself?
Thanks!
Labels