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The ownership percentage is posting incorrectly on PA RK-1 for S Corporations if it's less than 100%. If 50%, it posts 05. Should be 05000. Why won't ProSeries fix?

bjtcpa1
Level 1
I tried a call yesterday- got email today that they're following PA instructions. They are not. I printed off PA Dept. of Revenue's form instructions that it's to be shown as 05000. But ProSeries gives me no way to reply to the email.
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1 Comment 1
Kathi_at_Intuit
Moderator
Moderator

Hi @bjtcpa1 Nice to see you in the Community, and thanks for posting about the PA RK-1 ownership percentage showing as 05 instead of 05000.

Our Support team reviewed the behavior and confirmed the investigation has been closed. Based on their findings, the current formatting of the ownership percentage on PA Schedule RK-1 aligns with the applicable instructions. The instructions referenced may relate to electronic filing specifications.

 

 

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