The following diagnostic is generating: Value at date of death missing. This concerns life insurance where the decedent possessed no incidents of ownership, therefore there is no reportable value. How do I address the critical diagnostic?
It is for a 706. I'm used to using a '-1" for a 1040 or 1041, but when i used it for the 706, it shows at "-1", rather than zero. It gets rid of the diagnostic, but I'd rather have the diagnostic than a "-1". Open to any other suggestion you may have.