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Level 3
November 9, 2021
Question

On Form 990-PF, how do I input "0" for Part XV, line 3b (grants approved for future payment)?

  • November 9, 2021
  • 1 reply
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1 reply

George4Tacks
Level 15
November 9, 2021

Universal for Lacerte is using -1 (minus 1) as a zero. 0 is the same as a blank.

Answers are easy. Questions are hard!
Level 3
November 9, 2021

Thanks, that didn't work.  It only reduced the amount of grants that were paid.  Part XV, line 3b calls for the amount of grants approved for future payment.  This foundation did not have any that were approved for future payment.  When I did a paper return, I inserted -0- on line 3b, but I can't figure out how to do that on ProConnect.  I will just leave it blank, even though the Instructions call for an entry on every total line.

George4Tacks
Level 15
November 9, 2021

Look in the screen for grants & Allocations and scroll down to the bottom of the 1st tab. There are a couple of check boxes. One is "Approved for future payment" 

Did you accidentally check that box?

Answers are easy. Questions are hard!