Skip to main content
Level 1
November 12, 2025
Question

990 Part IV Line 31

  • November 12, 2025
  • 1 reply
  • 4 views

How do I change the answer from Yes to No in Part IV Line 31 that is now generating a Schedule N, which I don't need?

1 reply

George4Tacks
Level 15
November 12, 2025

Best guess is you made some input to generate the Schedule N - Screen 8.2 Transferred Assets.

A good way to check is go to the screen and use Ctrl+W to go to batch mode and see what entries are there.

I only see an input of code 27 and 1 

From pressing F1 there I get "

1 if Did Not Discharge or Pay All Liabilities in Accordance with State Laws

General Questions (Schedule N) Screen 8; Code 27

Select the box (or enter 1) if the organization did not discharge or pay all liabilities in accordance with state laws. Question 6 on Schedule N (Form 990 or 990-EZ), Part I will be answered No.

Answers are easy. Questions are hard!