04-11-2013 07:56 PM
I used this software past years except last and this year I faced problem. The report list the errors. I reviewed the errors and cannot find what wrong. I followed the step by step as per interview. I went to online "Chat", they cannot assist me.
The errors as below:
1. 1065 Error - If Schedule M-3 is present in the return, then Schedule C must be present in the return and item J checkbox must be check. I did not chec item J and meet only 1 condition out of 4 condition stipulated.
2. Sch K1 (1065) Guaranteed Payment allocated to partners do nt equal the amount from Schedule K.
I reviewed the schedule K1 and tally with line 10 Form 1065.
3. Non Farm Earning. - Too high.
I have not being able to reconcile the non farm earning. Can any one advise me what are the component of non farm earning?