Skip to main content
Level 2
Feb 11, 2021 2:11 PM UTC
Question

How can we e-file with a negative ending capital?

I'm getting this diagnostic:  "One or more partners has a negative ending capital account balance. A negative ending capital account balance is not allowed for electronic filing purposes. This return must be paper filed.
This topic has been closed for replies.

2 replies

sjrcpa
Level 15
Feb 11, 2021 5:45 PM UTC
RB6Author
Level 2
Feb 11, 2021 7:52 PM UTC

Critical Diagnostics says we can't efile if one of more partners has a negative capital account.