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Taxpayer Name For The LLC #1 Reporting Entity Must Not be Blank Ref 12525

Intuit

Taxpayer Name For The LLC #1 Reporting Entity Must Not be Blank Ref 12525

The taxpayer is only reporting W-2 wages in Screen 10, however, the return is generating two critical diagnostics that state:

  • Taxpayer name for the LLC #1 reporting entity must not be blank(Ref. #12525)
  • TX State Taxpayer Number entered for #1 in the Texas Franchise Tax screen must be either 9 digit FEI number or 11 digit Texas ID number. This error may delay processing of the return by the State of Texas(Ref. #2012253)

Solution:

These diagnostics generate if Texas is added to the returns state library in Screen 1.  When Texas is added, the following confirmation screen pops up stating that Texas should only be added if the taxpayer is required to file a Texas Franchise/Margin Tax Report for a single member LLC:
PCG
If the taxpayer is not required to file the Texas Franchise Tax Report:
  1. Go to Screen 1, Client Information
  2. Leave the Resident State as of 12/31/20TY as TX
  3. In the Returns list to the left, Delete Texas

The critical diagnostics should be removed.

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