Davelias
Level 3
a week ago
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Is there a workaround for the Form 114 Zero balance account error? The system says to check the account unknown box in order to e-file the form. Client is concerned about possible ramifications from FinCen.
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TaxGuyBill
Level 15
a week ago
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Possible options:
- Ignore the error and disable error-checking when e-filing it.
- Enter $1.
- Check the unknown box. FinCen is really only concerned about hiding money and accounts.