“We had a fine paid to the US Treasury that is a nondeductible expense that has to be recorded on Schedule K line 16C. It says this reduces the stock. In years past when the former secretary took care of the books, she just subtracted it from the Capitol Stock. She justed […]
Resolution for 'capitol stock issue: 'How do I make a journal entry to decrease capitol stock' available: Yes.
The capitol stock issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the capitol stock issue yourself by looking for a resolution described in the article. If it is a complex capitol stock issue or you are unable to solve the issue, you may contact us by clicking here or by using other capitol stock support options.
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