I am in the middle of filing the NY IT-204-LL and received Error Code 05507. I have checked and there are no update for my Lacerte program, I on the most recent version.
The program shows no diagnostic errors. Every client submitted for the IT-204-LL file was rejected with Error Code 05507 - stating incomplete Bank Payments Data. All bank accounts have been properly entered in the program including the Routing Number, Account Number and Account Type.
What am I missing in the program?
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