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Error: Form 05-166 gross receipts cannot be negative

You'll get this diagnostic if one of the fields for the reporting entity and affiliates is negative.

Error message

Form 05-166: "Gross receipts subject to throwback in other states", "Gross receipts everywhere" and "Gross receipts in Texas" cannot be negative. Review your input. (Automatic GOTO is not available.) Navigation: Organizer \ State Franchise Tax \ Texas Franchise Tax \ Affiliates. Review the input for both the reporting entity and each of the affiliates listed in the Affiliate folder.
Form 05-166: "Gross receipts subject to throwback in other states", "Gross receipts everywhere" and "Gross receipts in Texas" cannot be negative. Review your input. (Automatic GOTO is not available.) Navigation: Organizer \ States \ Texas \ Affiliates. Review the input for both the reporting entity and each of the affiliates in the Affiliates folder.

Solution

  1. For 1065 locators, go to
    Organizer
    States
    Texas
    Combined Return Information
    .
  2. For 1120 locators, go to
    Organizer
    State Franchise Tax
    Texas Franchise
    Combined Return Information
    .
  3. In the reporting entity and affiliates, make sure the following fields aren't negative:
    • Gross receipts subtract to throwback
    • Gross receipts everywhere
    • Gross receipts in Texas
  4. Do a full recompute, then print.

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