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

59862

59862

The following diagnostic is generating:
Comments

None of us volunteers have all those codes memorized.

Use your words, someone might be able to help.

Agree. 

To be fair, it isn't clear to a new community member what should be done with this Diagnostic feature.  Many don't know that comments and solutions can be added to their post.

True.... and there are a lot of newbies.

I don't see s/he's responded tho with any details?

Form 8283 now requires a separate form for each Partnership. Instead of using the K-1 input screen, non-cash charitable contributions entered from the Partnership should be removed and entered in the "New Non-Cash Contributions". However, any non-cash contributions subject to a basis limitation calculation should be entered in the K-1 input screen in order to correctly calculate the basis limitations.

The word NEW caused a flummox in my brain area and cognition was temporarily discombobulated. Hey, what is new! did I miss something?  There is no input screen labeled NEW so where is it? Why am I wearing a cape and holding a doll?  

So I called tech support. 

Form 26 is the input form to use.

Normal brain functioning resumed.

P.S. I mentioned to tech support that "NEW Non-cash..." should be removed and Form 26 should replace it.  Let's see if they do that.  

Also, per support "this diagnostic is so new that it was not in the database." HuhwahtwhysheeshcmonmangetwitdaprogramLC!