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

57404

57404

The following diagnostic is generating: This is a critical diagnostic generating on a Form 1041. It's noting that the QBI income flowing from a K-1 has not been adjusted for basis, at risk or passive loss rules. I have recalculated and the number is correct. You can override the QBI but this is an entry by entry on the K-1 input. I think the diagnostic is incorrect but it is preventing printing.