26212
The following diagnostic is generating:
Foreign tax credits exists in this return and a portion should be allocated to beneficiaries. The Lacerte Program uses the ordinary income portion of DNI distributed to calculate the amount of credits to allocate to each beneficiary. There was no ordinary income distributed at the time this percentage was calculated therefore there was no basis available to make the allocation. Use Beneficiary Overrides to enter each beneficiary's percentage in 'Percent: Tax Credits (xxx.xxxx)' (Screen 43, code 504).
Solution:
Clicking on diagnostic takes you to Screen 43>Percentage Overrides>Tax credits (xxx.xxxx) where you can put in a percent for each beneficiary
