xjmo
Level 2

Check This Entry CA 565, p1-3: Line 8: Total Sched D-1 gain shouldn't be less than or equal to zero.

This is on TT business edition to create Form 1065 for partnership.  

This is the final tax and there are sales of business property. 

At California Partnership\Reviewing your return,  it showed:

Check This Entry 

   CA 565, p1-3: Line 8: Total Sched D-1 gain shouldn't be less than or equal to zero.

   Line 8 0 

   Line 8  is "Total gains included on Schedule D-1, Part II, line 17 (gain only)

   Line 9  is "Total losses included on Schedule D-1, Part II, line 17 (loss only)

 

But Line 17 in California Schedule D-1, is 0. It looks like TT didn't  calculate Line correctly.

As shown in screenshots attached,

Line 17 "Combine line 10 through line 16" = 0

Line 11 or line 12 is from Line 7 empty

Line 7 is -1419.

So Line 17 shouldn't be zero. 

What should I do?

 

caScheduleD1_p2.png

caScheduleD1_p3.pngcaScheduleD1_p4.png