Welcome back! Ask questions, get answers, and join our large community of tax professionals.

27038

27038

The following diagnostic is generating:

1065 Schedule B, Question 4. If Schedules K-1 are filed with the tax return and furnished to the partners on or before the due date (including extensions), the partnership has met the requirements of Form 1065, Schedule B, Question 4, and is not required to complete Schedules L, M-1, M-2, item F on page 1 of Form 1065, or item L on Schedule K-1. Check the box "Question 4 requirements are met" (${screen:5}, code 4) to answer "yes" to Question 4 and suppress these schedules. To answer "yes" to Question 4 while still printing these schedules, make an additional entry in "Force Schedules L, M-1 & M-2 to print" (${screen:25}, code 9). This entry also forces the printing of the Analysis of Partner's Capital Account (Schedule K-1, item L).

 

Solution:

Help Article 

Labels (1)