Form 1065 Sch K Line 20c

[ideal_trucks]

I'm working on my LLC taxes, and on the error check it says to check this entry:  Form 1065 p4-5: Sch K, Line 20c Amt: Other items to report separately must be entered. 

It has highlighted AG Gross Receipts for section 448(c). 

I don't ever remember doing this.  What do I enter here?  I have a very simple computer repair side business. 

[ideal_trucks]

Any thoughts on this?   I'm no tax person, but from reading this has to do with my gross receipts being less than 25M.  I'm only about 40k a year.  Do I just enter the total of all the money I've taken in during this year? 

[ThomasM125]

You would enter your gross receipts. The program needs to know if they are under $25,000,000 to determine if you can use the cash basis of accounting.

[Skiterry]

The program asked if my company and gross revenue of 25,000,000.  So why this issue and on only one item.  Sounds like a glitch to me.

[annechambers330]

I was able to modify the form in the 'error checking' stage and remove the information that auto-populated in that line all together for the box checked and description. Then it let me proceed with filing.