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Level 1
July 7, 2022
Question

Partnership liabilites ERROR when flowing up lower tier liabilities from ownership of another K-1

  • July 7, 2022
  • 1 reply
  • 11 views

YES I added a recon statement showing the flow thru liabilities.

Still have ERROR and this is preventing me from E-filing. 

Yes, clicked the box on K-1 screens indicating there are lower tier liabilities included with totals on K-1.

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1 reply

Taxes-by-Rocky
Level 7
July 7, 2022

Error (condition) has been that way for a number of years....but not sure it prevents efiling.

Agree, need a way to pick up LTP liabilities.