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Level 2
March 12, 2020
Question

NJ Form 500S input for Schedule A line 41. There is zero on that line. The error message only goes away when I input the entire loss?

NJ Form 500S requires input from Schedule A line 41. When the loss is not used,line 41 should be zero but Form 500S still requires an input and will not accept zero.
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4 replies

Accountant-Man
Level 13
March 12, 2020

What is NJ 500S?

** I am "Elevating with Intention!"
Level 6
March 12, 2020

I'm getting an error message also when entering zero which is what is on Schedule A, Part I, line 41.  Our client was never a C corp so no NOL carryover generated as a C corp prior to its NJ S election. Is this an error on the NJ side or Proseries side?  I have updated and refresh updated my forms and still get this error message.  

Level 2
March 12, 2020

That is exactly the error I am getting.  I dont know what to do

Level 3
March 14, 2020

I am getting the same error! Can Proseries please fix this glitch so we can efile the the returns?