Trying to get rid of error from a Section 179 from a Partnership. I went to Box 12: Section 179 deduction -- like the directions said -- to enter the allocated Section 179 but it was already there and I still have the error?
I've looked at one of my clients F1040 w K1 from F1065 , I was able to create the message you are getting. Sec179 is greater than income which can only happen if you have other business activity that has a loss greater than income on the K1 or the F1065 that the K1 was issued from was not done correctly. Is K1 income greater than line 12 Sec179?