Error: 4200: S-Corp-D 6
This happens when the withholding required has no indicator selected.
Error Message
If box 5 Withholding Required is not checked, must use a reason code 1-11.
Solution
- Go toTax Forms,States, then selectNew Mexico.
- Continue to theNM-S-Dfolder and look forOwner Detail link.
- For each shareholder, you need to select either:
- CheckNonext toWithholding Requiredand provide the reason for not withholding 1 through 11.
- SelectYesnext toWithholding Required.
- Do a full recompute, then recreate the e-file.
