Net income (profit/loss) can be negative, but gross receipts cannot be. You cannot receive negative cash - but you can show negative cash flow by demonstrating more expenses than income received.
Gross receipts is the amount of income received - this number can't be negative, but it can be zero. If this number is zero, and then expenses are greater than the income, you will have negative net income. However, you cannot have negative gross receipts. This is what the error seems to be indicating the return is showing, which is causing the rejection.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
