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AGG61
New Member

Form 4684 Circular Error Message

I completed form 4684 for a Ponzi Type Scheme loss and also completed page 3.  When running the ssmart error check as part of the return finalization, I receive a message that Form 4864 Property "Description should not have an entry.  You have indicated this is Rev Proc 2009-20 Ponzi Type loss so you must complete page 3. Section C of form 4684".  I have completed that form.  So when I take out the description of the property and re-run smart check, I get a new error message that Property description must be entered.  If I correct this I go back to the same error message I previously had.  What do I do to get out of this circular loop? 

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