25498

[#1]

The following diagnostic is generating: Value at date of death missing. This concerns life insurance where the decedent possessed no incidents of ownership, therefore there is no reportable value. How do I address the critical diagnostic?

[sjrcpa]

"-1"  = zero in Lacerte.

Is this for a 706?

[Doug OC]

It is for a 706. I'm used to using a '-1" for a 1040 or 1041, but when i used it for the 706, it shows at "-1", rather than zero. It gets rid of the diagnostic, but I'd rather have the diagnostic than a "-1". Open to any other suggestion you may have. 

[sjrcpa]

Since you're paper filing, live with the Diagnostic.

[Doug OC]

I agree, that seems to be the simplest solution. Thank you for your feedback.