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Level 2
June 10, 2022

26324

  • June 10, 2022
  • 0 replies
  • 4 views

The following diagnostic is generating:

The Wisconsin amount of distributions entered to reduce the Accumulated Adjustments Account (AAA) is greater than the balance available for reduction. The AAA is reduced by $ {NonDivDist} of the amount you entered. Refer to the Distributions Summary Worksheet for additional information.
 
Solution:
 

This diagnostic generates when the distributions entered on Wisconsin Sch 5K in an s-corp return exceeds the Wisconsin AAA balance available for distribution.

To resolve this diagnostic, distributions should be reduced to the balance available for distribution for WI. 

Critical, will not prevent e-file transmission.

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