yijinuiuc
Level 1
02-17-2022
04:56 PM
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Has anyone come across error #25650? It's for a multi-shareholder 1120S. The error says total of Line 16e on CA K-1s doesn't agree with the total entered in the program. Only one SH had a loan repayment and it was entered as such. No other repayments were entered. It seems to me Lacerte just generated phantom loan repayments for the rest of the shareholders.
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Community Manager
02-18-2022
11:37 AM
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Check out the article: Resolving diagnostic Ref. 25650 in Lacerte