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- Indiana Individual Return Rejected with PTET Credit
Indiana Individual Return Rejected with PTET Credit
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jtgcpa
Level 3
02-22-2024
10:30 AM
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I e-filed an Indiana Individual Return for a client who has a K-1 that reports a PTET Credit on line 10. I entered the K-1 in Lacerte with the credit and it correctly populates on Indiana Schedule 5, Line 3. I also attached a pdf version of the Indiana K-1 and referenced the Indiana Schedule 5. No problems.
However, when I e-filed the return, the federal return was accepted, but the Indiana return was rejected with this message:
Error S5-IT40-028: If line 3 on Credits Schedule 5, "PassThruEntityTaxCredit", is not null or zero, it must equal the sum of "PassThruEntityTax" amounts on attached K1s.
I called support and they were...less than helpful. Does anyone know how to resolve this?
