E-file diagnostic: Partnership amounts for Income do not equal total of partners amounts
Partnership amounts for Income do not equal total of partners' amounts: Please check the Reconciliation of Partnership to Partner Amounts.
This e-file error will show if the federal Partnership amounts for Income don’t equal total of partners' amounts or blank.
Solution 1
Enable Partner Allocations:
- In Organizer, check ifPartner Allocationsare enabled. If not, select the checkbox forEnable Partner Allocations.
- Do a full recompute to apply the changes.
Solution 2
Verify Override Amounts in Schedule K:
- Go to Organizer thenSch K.
- Make sure any overridden amounts match the amounts on Form 1065 Schedule K.
- Check Tax Forms for any overrides that affect the Schedule K.
- Do a full recompute to apply any changes.
Solution 3
Review Income Summary for Allocation Codes:
- In Organizer go toSch K, thenIncome Summaryand openIncome summary.
- If an allocation code forOrdinary Incomehas been entered read the associated warning for this item.
- Check for Over-Allocation in Income and Deduction Summary:
- Go to Organizer thenSch K.
- SelectIncome SummarythenDeduction Summary
- Make sure Allocation Codes haven’t been entered for total amounts and detail items that could cause overallocation.note
- Don't allocate Other Interest income on the Income Summary tab.
- Don't allocate detail lines for Other Interest Income on the Income Other Interest tab.
- Do a full recompute to apply any changes.
