E-file diagnostic: 502VK1-020

502VK1-020: If Form 502 is filed, Form 502 Schedule VK-1 Part III, Line 10 (Pass-Through Entity Elective Tax Credit) must not be populated.
This happens when form 502 is being filed and schedule VK-1 Part III, line 10 has an amount.

Solution

  1. Go to
    Tax Forms
    , then the
    States
    folder.
  2. Go to
    Virginia
    , then
    VK-1 – Owner Income, Deductions, Credit
    folder.
  3. Go to the
    (shareholder name), VK-1 Page 2
    folder.
  4. Go to
    Part III
    , then
    Line 10
    and remove the amount.
  5. Run a full recompute then recreate the e-file.
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