Error: Final short year with the year ending in December
Scenario
You may get the following error when preparing a final short year return a December year-end date.
Error
Before leaving this display, the data entry in the Year End Information section has to be corrected. This problem was found: If not a final return, the year end entered in the Tax year ending field is not a valid year to process in the tax package currently in use. If a final return, the prior year end must be entered in the Most recent field.
Solution
- Use any month prior to December to create the final short year return.
- Short year ending in December of the next tax year isn't treated as a valid tax year end. You'll need to complete the final short year return with a December year end in the most recent year of the application.
- For example, a final short year return with a year end of December 8,2026will need to be completed in the2026application. You'll get this error if you're trying to complete it in2025application.