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Error: The field 'Profit' with value '74.5080', data format is not correct.

You get this error when you enter an amount greater than 1 in a field that requires a decimal.

Error message

The field 'Profit' with value '74.5080', data format is not correct.

Solution

  1. Go to
    Tax Forms
    States
    California
    568
    Sch K-1
    (Partner)
    Sch K-1, Side 1
    .
  2. Enter profit and loss as a decimal for Line D.

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