Error: Schedule U-NOL: The date of most recent ownership
You'll get this diagnostic if either the date of the most recent ownership change or date or incorporation is missing.
Error Message
Schedule U-NOL: The date of the most recent ownership: If there have been no changes then enter the date of incorporation. Review Return XXXXXX.
Solution
For each entity preparing Schedule U-NOL, you'll need to enter either the
Date of most recent ownership change
or Date or incorporation
if there was no change in ownership. The diagnostic will list the return number of the entity with the issue after Review Return
.- From the TopCon, go to .
- Go to theSchedule NOLsection, then theDate of most recent ownership change or date or incorporation if no change in ownership (Mandatory)field.
- Right-click the field, then selectSubview.
- TheSubviewwindow will show the return number for each entity. Open any entities missing the date, and enter the date of most recent ownership change or date or incorporation if there was no change in ownership.noteThis information has to be entered inOrganizerand not directly on Schedule U-NOL.
- Recompute each subsidiary.
- Reconsolidate the TopCon.
- Do a full recompute, then print.