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IA 1065

Forum|Forum|3 years ago
March 8, 2023
4 replies
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Is anyone getting an error on the 1065 p5-8 Sch C (BAR) line 13 and you can not override it if you want to efile the return? How do I get 100% in that line?

Also error shows up on sch K-1 part II line 13-section 179 deduction and I can not override this if I want to efile the return.

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Best answer by The_AntiTax_Man

@taxiowa It appears the IA 1120S due date is May 1st. Do you concur?

The_AntiTax_Man

Level 7

@kerry11 @IntuitEric @IntuitGabiU

INTUIT PROGRAMMERS TAKE NOTE:

PS23 IA 1065, Other state in which the partnership operates is blank, there are no other states selected. This means AMOUNT SUBJECT TO APPORTIONMENT = NONE. ALL OF THE INCOME IS ATTRIBUTED TO IOWA. ALL = 100.000000% to IOWA. Make the IA 1065, page 6, line 13 default to 100.000000% when no other states have been selected.

ALSO: 1065, line 15 Section 179 deduction is blank, but partner's K-1, line 13, Section 179 deduction, column (a) Federal/All-source Amounts has been populated with a zero. This leads to an Error alert in column (b) Amounts Attributable to Iowa. [The program wants me to apportion a zero on the partner's K-1.] Overriding this field on the K-1 with a zero does not turn off the Error alert. Cannot efile with this Error alert present. PLEASE FIX THIS PRONTO!!

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user_916354

Level 2

I am having the same issue, and it's Sunday night, so no support available. Ugh.

taxiowa

Level 8

You can manually get BAR to 100% by entering something total receipts or net rental in Schedule C as 100% Iowa. but that does not fix depr. adj. I will try overriding one tonight. And As "Bread" once said "I will give you an answer in the morning."

taxiowa

Level 8

Well if "You gotta know right now" I don't think it worked. Everything accepted except Iowa p'ship which is hung up in sent to Intuit status. And since federal is accepted and you probably can't extend an accepted return, there is no way to extend Iowa p'ship return. Iowa accepts federal extension as their own. So I would not recommend overriding.

The_AntiTax_Man

Level 7

2022 IA 1120S Iowa Income Tax Return of S Corporation
Instructions

What’s New for Tax Year 2022
• The S corporation income tax return has been
redesigned. Please read the instructions carefully.
• New penalties apply for failure to timely file the
S corporation income tax return, even if no tax
is due by the S corporation. See Part 6, line 50
instructions below.
• S corporations with nonresident shareholders
have new composite return filing and tax
remittance requirements. See Composite Filing
below and the IA PTE-C Iowa Composite Return
for more information.
• New electronic filing requirements apply to
certain S corporation returns. See Time and
Place for Filing below.
• All S corporations are required to complete the
Schedule C – Business Activity Ratio, even if all
the S corporation’s business is conducted in Iowa.

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grimmsauto

Level 2

I am an S-Corp, finally able to get Iowa State up to complete. I am getting an error for the BAR 1065 p5-8 line 13. It took my gross receipts from federal imputed them into line 1 column B, and line 5 other interests, but left column A alone, with line 13 with nothing. I looked at last years 2021 tax information to compare and everything is blank with line 13 as 100%. I cannot override either. I don't want to enter numbers to screw myself over. Any ideas?

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grimmsauto

Level 2

I have that same problem with my Iowa error, it tells me that my gross receipts are over that $250k and can't efile, but when I go to the 1065 p5-8 sch C (BAR) looking at past 2021 that has it where it is 100% without the column A or B filled in. They have made it very difficult to do this year for that. Playing around with it. So right now my example is they've automatically imputed in Column B line 1 $x amount, so should I put that same amount in Column A as $x too to make it the 100%?

The_AntiTax_Man

Level 7

@IntuitBettyJo @1569 Can you tell us about these Iowa Business Module snafus? IA 1065 and IA 1120S modules still have Errors preventing Iowa e-file. Is Intuit aware of this? When will it be fixed?

A

Anonymous

Thanks for the report. We're investigating this. In the meantime, have you tried clearing the error by overriding a zero into the Total Deductions line of the Schedule K-1? Once cleared, you should be able to e-file the return as normal.

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