SK1-AL65-048b e-file error
SK1-AL65-048b: If Electing Pass-Through Entity check box is not selected on Form65 page 1, Then total of all K-1s, Line Z, Composite/Electing Pass-Through Entity Credit, column 1, should equal Schedule K, Line 22, Composite Payment.
This happens when the Electing Pass-Through Entity checkbox is not selected on Form65 page 1, and the total of all K-1s, Line Z, Composite/Electing Pass-Through Entity Credit, column 1, is not equal to Schedule K, Line 22, Composite Payment.
Solution 1
- SelectOrganizer,States,Alabama, then theElecting Pass-Through Entityfolder.
- SelectGeneral Information, then mark theGenerate Electing Pass-Through Entitycheckbox.
- Do a full recompute and recreate the e-file.
Solution 2
Check the values on Schedule K, Line 22 and Schedule-K-1 Part III Line Z.
- SelectTax Forms,States, then theAlabamafolder.
- SelectForm 65, then go to65, Page 4.
- Go to theSchedule Ksection,Line 22.noteTheForm 65, Page 4, Schedule K section, Line 22need to equal the total of allSch K-1s Line Z.
- SelectTax Forms,States,Alabama, then theSch K-1folder.
- Select aPartner Name, then go toPart III, Line Z Other items and amount.
To change the value for
Line Z
, do the following:- SelectOrganizer,States, then theAlabamafolder.
- SelectState Adjustments, then go to theIncome and Expensestab.
- Go to theOthersection, then selectOther Items.
- In theOther Items Overridessection, enter theAmountandAllocation Code.
- Do a full recompute and recreate the e-file.
