AAE
Level 1

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!

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