Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

States

E-file diagnostic: IL1120B-3340-1

IL1120B-3340-1: The sum of all occurrences of SchILB Section B Line L must equal the sum of all occurrences of SchILK1P Step 7 Line 53a and SchILK1T Step 7 Line 50.
This happens when the total amount reported on Line L of Section B across all Illinois Schedule IL-B forms is not equal to the total of all Sch. K-1-P line 53A plus Sch K-1-T line 50.

Solution 1

  1. Go to
    Organizer
    ,
    States
    ,
    Illinois
     folder.
  2. Select the
    State Adjustments
     folder, then the
    Pass Through Input
     folder.
  3. Open the
    Schedule K-1-P
     folder, then
    Name
     (if it doesn't exist, you'll need to create one).
  4. Go to
    Line 53a
     and populate the amount of withholding here for each entity.
  5. Do a full recompute and recreate the e-file.

Solution 2

  1. Go to
    Organizer
    ,
    States
    ,
    Illinois
     folder.
  2. Select the
    State Adjustments
     folder, then the
    Pass share
     folder.
  3. Go to
    Pass Through Entity Tax Credit Overrides
    .
  4. Go to the
    PTE Tax Credit Received Distributed to Members Amount
     line.
  5. Enter the amount for
    Column L
    .
  6. Do a full recompute and recreate the e-file.

This article applies to:

  • PRODUCT: GoSystem Tax RS
  • Return type: 1065 Partnership
  • State: Illinois
  • Subject: e-file
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close