E-file error: Element Name IASchK is unexpected

Scenario

You may get the following error message when completing Iowa 1120S.
Error message
Form: FormIA1120S[1][@documentId='FormIA1120S] IASchK[1] Description: Iowa Schedule K – Distributive Share Items Requirement: Expecting PTETElection, GrossIowaPTET, FranchiseTaxCredit, ElectToPayFromAudit, CompositePTETCredits, ScheduleC, TentativeAmtDueOrOverpmt, Interest, LatePaymentPenalty, LateFilingPenalty, TotalAmtDue, Overpayment Error: Field 'IASchK' is unexpected

Solution

Select
Tax Forms
.
Go to
States
Iowa
IA 1120S S Corporation
IA 1120S S Corporation, Page 5
then find Line 51.
Enter
NONE
as the amount.
Do a Full Recompute and recreate e-file.
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