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Form 1065 Line 20 Code E prints when not needed

gabletax
Level 4

First Form 1065 for this year, and every K-1 has, printed on Line 20, code E*STMT. I entered nothing on the return to trigger it; it doesn't appear on Sch. K in the software, where the other Line 20 codes originate; and there is no statement appearing on the printed page of additional Information for Sch. K-1 for Code E .

Any ideas why it is there? Any suggestions how to get rid of it?

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1 Comment 1
Robert77
Level 1

I called Intuit yesterday.  It appears it shows up when there is an interest expense on Form 1065.  After two hours of trying to figure out if I had made an error, it was concluded that it is a software problem.  While they are working on a fix, I am overriding the E code on line 20.  My clients don't have "energy property" and I don't have time to wait.