1065 help

[dmufeed2]

This is kind of confusing!. i have a client in where he has payroll liabilities listed both as a deduction on his 1065 and on sch l other liabilities . i am confused as i know federal payroll is a liability. 

[dkh]

If the client has payroll   - there could/would be payroll tax expense and payroll liabilities.  

[abctax55]

Liability =  amounts withheld from employEE plus the employER taxes.

Expense = only the employER taxes

[dmufeed2]

So it will be entered as a normal expense and not a a current liability on sch L

[dmufeed2]

But for payroll liability shouldn’t be listed as a other liabilities on schedule L ir just a regular expense on the deduction screen 

[abctax55]

TOTAL liability, unpaid at end of year = Balance sheet

TOTAL expense = income statement.

All of this should be on the working trial balance and is Accounting 101

[abctax55]

And after looking at your posts from yesterday, I will echo Phoebe that you need to find local, mentoring help.  Partnership & S-Corp return preparation is complicated, and can't be learned by asking questions of folks on a forum.

The Tax Book has a business series that has a step-by-step example of entity preparation (or, it used to...).  I suggest you purchase it, or the Quick Finder version.