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Error: Field 'TotalOwnershipPercentage' with value, data format is not correct.

This e-file validation error occurs when the total ownership percentage on Mississippi Form 84-131 (Schedule K) exceeds 100%. The total partner/shareholder ownership percentage needs to equal exactly 100% to clear the diagnostic.

Error message

Validation failed on [FILE_ID]: Form: Form84131[1] Total[1]/TotalOwnershipPercentage[1] LineNumber: Line 2, Column B Description: Total Partner/Shareholder Ownership Percentage in Pass-Through Entity (from Column B; Total Line 1) Should Total Up to 100% ReferenceNumber: 14 Requirement: Used to correctly display the Ownership Percentage Error: The field 'TotalOwnershipPercentage' with value [PERCENTAGE], data format is not correct. Element Name: TotalOwnershipPercentage XPath: /ReturnState[1]/ReturnDataState[1]/Form84131[1]/Total[1]/TotalOwnershipPercentage[1] XML Fragment: [PERCENTAGE] Field Key: 175,332,5,0,0,0,0,0,0 Error Code: [CODE] Error Reason: [PERCENTAGE] violates maxInclusive constraint of '100.0000'. The element '{http://www.irs.gov/efile}TotalOwnershipPercentage' with value [PERCENTAGE] failed to parse.

Solution

  1. Go to
    Tax Forms
    States
    Mississippi
    84-131 (Sch K)
    .
  2. Review
    Lines 2 and 4
    in Column B. The ownership percentage total can't be greater than 100%.
  3. Go to
    Organizer
    Partner Information
    Partner by Partner Data
    Columnar Partner Entry
    Ratios\Units
    .
  4. Update the ownership percentages.
    note
    Per Mississippi state rules, the total owner percentage needs to equal 100%. If the ownership percentages can't be adjusted to total exactly 100%, you need to paper file the return.
  5. Do a full recompute, then recreate the e-file.

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