NCBUS-1200 e-file error

NCBUS-1200 - Associated K-1's Received - [NC K-1 Supplemental Schedule - C: D401S/D403/D407] Part A Line 16 must equal the sum of Lines 1 through 15 for Column A (Amount from All Sources) and Column B (Amount of Column A from N.C. Sources).
This happens when you are missing information required by the state. Sch NC K-1 Supp, Page 1 Part A Line 16 must equal the sum of Lines 1 through 15 for Column A (Amount from All Sources) and Column B (Amount of Column A from N.C. Sources).

Solution 1

  1. Go to
    Organizer
    ,
    States
    , and the
    North Carolina
    folder.
  2. Select the
    Additional K-1 Information, Other Partnership
    folder.
  3. Select
    Partnership Name
    or create a
    [CREATEPARTNERSHIP]
    .
  4. The K-1 received input for the partnership is missing input amounts for the
    Total Additions
    line under the
    Additions
    section, and the
    Total Subtractions
    line under the
    Subtraction
    section. The application can't automatically calculate these fields. This must be entered manually to match the K-1 received exactly.
  5. Do a full recompute, and recreate the e-file.

Solution 2

  1. Go to
    Tax forms
    ,
    States
    , and the
    North Carolina
    folder.
  2. Go to
    Sch NC K-1
    folder.
  3. Select the
    Partner Name
    .
  4. Go to
    Sch NC K-1 Supp, Page 1
    tab.
  5. Go to
    Part A Line 16 must equal the sum of Lines 1 through 15 for Column A (Amount from All Sources)
    and
    Column B (Amount of Column A from N.C. Sources)
    .
  6. Do a full recompute, and recreate the e-file.

Solution 3

  1. Go to
    Organizer
    ,
    States
    , and the
    North Carolina
    folder.
  2. Select the
    State Adjustments
    folder.
  3. Go to the
    Nonapportionable Net Distributive Partnership Income
    section.
  4. Enter an explanation in the
    Explanation of why income is listed is nonapportionable income; rather than apportionable income
    area.
  5. Do a full recompute, and recreate the e-file.

Solution 4

  1. Go to
    Tax Forms
    ,
    States
    ,
    North Carolina
    folder.
  2. Select
    Form D-403
    . In
    D-403, Page 2, Part 3 See Detail hyperlink
    , enter
    NONE
    for all blank
    columns
    .
  3. Do a full recompute, and recreate the e-file.
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