hkaelber
Level 2

Am trying to complete a Virginia Form 502 PTET Return and having two issues:  1.  the Form 502 is showing an error for the number of nonresident owners - there aren't any!  The Sch VK-1 Wks is correct as all 3 members are coded as Owner's Entity Type RES.  Am a long time user and this is not a new return for this entity.  2. All amounts on form VK-1 require "Special allocations By Amount".  All items are able to be allocated except for the PTE Elective Tax Payment Credit and the incorrect Credit is being reflected on each member's VK-1.  I've looked over the input screens several times and can't seem to find any missing entries.  These issues need resolution before the return can be filed as Virginia will not accept the return's not filed electronically.

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