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This article applies to:

  • Product: ONESOURCE Income Tax
  • Return type: 1065 Partnership
  • State: Illinois
  • Subject: e-file

IL1120B-310-4 e-file error

* IL1120B-310-4: If Form IL-1065 Step 1 Line F (PTP) does not contain an X, then the total of all occurrences of Sch B Line Section B Col E must equal the result of Form IL-1065 Step 5 Line 35 plus Form IL-1065 Step 5 Line 26 and Form IL-1065 Step 5 Line 27 minus Form IL-1065 Step 4 Line 21.
This happens when Form IL-1065 Step 1 Line F isn't marked as classified as an investment partnership or publicly traded partnership. The total of Illinois Schedule B, column E needs to match the total in Form IL-1065, Page 2: Line 35 + Line 27 + Line 26 - Line 21.

Solution

Go to
Tax Forms
States
Illinois
IL-1065
 to check if Step 1, Line F (PTP) is checked. If not then do the following:
  1. Go to
    Tax Forms
    States
    Illinois
    IL-1065
    .
    1. On the
      IL-1065, Page 2
       tab, review Lines 35 + Line 27 + Line 26 - Line 21 and make note of the amount.
    2. Add Step 5, Line 35 (Base income or loss).
    3. Add Step 5, Line 26 (Personal service income or reasonable allowance for compensation of partners).
    4. Add Step 5, Line 27 (share of income distributable to a partner subject to replacement tax).
    5. Then minus Step 4, Line 21 (Amount of loss distributable to a partner subject to replacement tax).
  2. Still in the Illinois return in Tax Forms, go to the
    Sch B-Partner Identification
     folder.
  3. Select
    Schedule B
     then the
    Schedule B, Page 2
     tab.
  4. Select the hyperlink for
    Schedule B Summary
    .
  5. Review the
    Total amount of base income/loss distributable (E)
     column total. This needs to match the amount from IL-1065, Page 2.
The amount for each partner for Schedule B, Column E pulls from Schedule K-1-P, Step 4, Line 20, Column B. Verify these amounts are correct. Check for overrides and verify that any allocation codes are entered correctly:
  1. In
    Organizer
    , go to
    States
    Illinois
    State Adjustments
    State
    Illinois
    State Adjustments
    Partner's Share
    .
  2. Create a new special allocation code and enter the amounts for each partner.
    note
    Make sure to enter the mandatory information for the allocation code and description.
  3. Enter the amount and allocation code you created in the
    Total amount of base income (loss) distributable
     field, Schedule B.
  4. Clear any overrides in Column E.
  5. Perform a full recompute, re-create the e-file, then re-submit.
If you need to override Column E:
  1. Go to
    Organizer
    States
    Illinois
     folder.
  2. Select
    Federal Overrides
    .
  3. In the
    Income Items
     section, enter the amount and allocation code in
    Sch B - Total amount of base income(loss) distributable
    .
  4. Do a full recompute and recreate the e-file
note
K-1 Aggregation:
 If you've suppressed Schedule B partner information in
Organizer
States
Illinois
E-file
Attachments
K-1 Aggregation
Summary
, corrections will need to be made in the K-1 aggregation file and then reattached before clearing the diagnostic. If you are using a K-1 aggregation file, make sure that all your values are rounded to whole dollars. After making the changes, do a full recompute and recreate the e-file to clear the diagnostic.

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