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Lacerte Diagnostics
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November 20, 2020

25312

  • November 20, 2020
  • 0 replies
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The following diagnostic is generating:

The amount of distributions entered on Schedule K, line 16d is greater than the total net balance available for distribution in all of the Schedule M-2 accounts by $ {ExcessDist} . This amount of excess distributions has reduced the ending balance of Retained Earnings on Schedule L, line 24.

 

Solution:

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