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    • Created with Sketch. See what's trending for the upcoming tax season. View Lacerte Hot Topics.
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    Ref. #25650

    yijinuiuc
    Level 1
    ‎02-17-2022 04:56 PM

    Has anyone come across error #25650? It's for a multi-shareholder 1120S. The error says total of Line 16e on CA K-1s doesn't agree with the total entered in the program. Only one SH had a loan repayment and it was entered as such. No other repayments were entered. It seems to me Lacerte just generated phantom loan repayments for the rest of the shareholders.

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    1 Comment 1
    IntuitGabi
    Community Manager
    Community Manager
    ‎02-18-2022 11:37 AM

    Check out the article: Resolving diagnostic Ref. 25650 in Lacerte

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