Question
Ref. #25650
Has anyone come across error #25650? It's for a multi-shareholder 1120S. The error says total of Line 16e on CA K-1s doesn't agree with the total entered in the program. Only one SH had a loan repayment and it was entered as such. No other repayments were entered. It seems to me Lacerte just generated phantom loan repayments for the rest of the shareholders.
