Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- Is there a way to make M-2 adjustments on the Other Adjustments column without having manually enter info and manually calculate
Is there a way to make M-2 adjustments on the Other Adjustments column without having manually enter info and manually calculate
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
mksoroko
Level 1
02-02-2022
08:25 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I am trying to adjust for prior year's PPP loan expenses on M-2, of the 1120S, in the 'Other Adjustments' column. I have tried entering a negative amount in the tax-exempt income worksheet to accomplish the adjustment, however, the software will not calculate it properly on the M-2. Does anyone know how to tell proseries how to adjust various columns without having to enter all of M-2 manually and have the M-2 calculate manually?
Labels
