
S-Corporation Schedule M-2 Frequently Asked Questions
by Intuit• Updated 3 years ago
Description
Use Schedule M-2 for the accumulated adjustments account on a S-Corporation. Â Refer to the following information to help with Screen 32, Schedule M-2 questions:
- Entering Information for the Accumulated Adjustments Account for an S-Corporation
- S Corporate Diagnostic Total Allocation Factor for the Shareholders Not Equal to 100% (Ref. #25213)
- Understanding how Lacerte calculates S-Corporate AAA distributions
- Final Year S-Corporation Return and Negative AAA / Retained Earnings
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