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- Critical diagnostic: partner with negative tax capital account
Critical diagnostic: partner with negative tax capital account
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bendercpa
Level 1
02-14-2021
01:43 PM
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I am getting a critical e-file diagnostic (ref. #49194) that says "One or more partners has a negative ending capital account balance. A negative capital account balance is not allowed for electronic filing purposes. This return must be paper filed."
Is this right???
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