58044

[#1]

The following diagnostic is generating:

The program does not automatically calculate the amount of prior year Excess Business Loss allowed in the current year for the Qualified Business Income Deduction. Please manually enter the correct amount.

Solution:

Click on the diagnostic from the Diagnostics tab.

In screen 15>Qualified Business Loss Carryovers enter in the Excess business loss absorbed in TYXXXX (Where XXXX is the tax year).

If none, enter -1

Critical, will not prevent e-file transmission.

[Sarah]

I agree with the statement above. This diagnostic is perfect example of Lacerte not providing sufficient information in their help or with the diagnostic. No good information anywhere (other than input of 1) on how to deal with diagnostic or if it can be ignored. And if it can be ignored, why is it a critical? And I don't know what others' experience has been with calling support but most of the time they don't understand anything and just read off the same information that we can read ourselves.