10701

[#1]

The following diagnostic is generating:

Partnership # {PrefixNum} : AMT prior year basis loss carryovers are not entered. The program will assume the AMT basis carryovers are zero and compute a corresponding AMT difference.

Solution:

Click the diagnostic from the Diagnostics tab and enter the AMT Ordinary loss in the AMT Tax Basis Carryovers section. Or navigate to Income>Screen 20 Passthrough K-1s>Partnership information. Scroll to AMT Tax Basis Carryovers and enter the amount in AMT Ordinary loss. Critically informational, won't prevent e-file transmission.

[michele2]

How do I resolve this diagnostics

[sjrcpa]

If it is correct, nothing to do. If it's not, enter the AMT basis carryover(s).