6587

[#1]

The following diagnostic is generating:

S-Corporation # {PrefixNum} : Per Schedule E instructions, if you report a loss, receive a distribution, dispose of stock, or receive a loan repayment from an S corporation, you must attach the required basis computation on Form 7203. To trigger the basis computation, make an entry in "Adjusted basis at beginning of year (-1=none)".

[Kathleen1]

Will the critical diagnostic #6587 prevent us from e-filing?  Basis information is not currently available for our client