SK1-AL65-040 e-file error
* SK1-AL65-040: The total of all K-1s, Line W, Column1, Distributions should equal Schedule K, Line 19a, Distributions of cash and marketable securities, Apportioned Amount + Line 19b Distribution of other property, Apportioned Amount.
This happens when Form 65, Page 4, Schedule K, Line 19a and 19b Column c (apportioned amount) doesn’t equal the sum of all Schedules K-1, Line W, Column 1.
Solution
- Go toTax forms,States,Alabama, 65, and the65, Page 4tab.
- Verify that the amounts forlines 19a and bare correct.
- Go toSch K-1,Name, and make thatline Wis correct for each partner.
- To fix this line, go to the folderOrganizer,States,Alabama,State Adjustments, andIncome and Expenses.
- In theOthersection, enter the correct amount forDistribution of cash and marketable securitiesandDistribution of other property.
- If you're using special allocations, enter a special allocation code for each of these items by going toOrganizer,Partner information, andPartner by Partner Data.
- SelectAllocations,Special Allocations, andAdd new special allocation code.
- Enter the same allocation code as entered for the item you want to allocate. Then, enter an amount for each partner until 100% of the amount has been allocated.
note
If an aggregation file has been used to attach the form NC K-1 at
Organizer
, States
, Alabama
, E-File
, Attachments
, K-1 Aggregation
, Summary
. The aggregation file needs to be updated and reattached.