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

trust disposition

trust disposition

I have a trust client that disposed of 500 shares of a traded security. I am receiving a diagnostic that information must be provided regarding the disposition of a partnership or S corp. in order to e-file. The return will require a Form 8960, which appears to be causing some problems as well.  Any suggestions?

Comments

Delete than sale. Re enter that sale. You likely had an errant entry that caused confusion in the program. OR it is a early in season programming error that should be correct with a subsequent update. 

In the future, either search the error number in the Diagnostics and post here, or use the Product Help > Lacerte to post your issue.