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ProSeries Frequently Asked Questions

Kentucky Form 720S, Generates an Incorrect Error When Line 6 Is a Negative Number

Products Affected:

  • ProSeries/Kentucky S Corporation

Situation
Kentucky Form 720S, S Corporation Income Tax Return, is generating an incorrect error when amount on line 6 is a negative number.  

Solution
This situation will be corrected in a Kentucky S Corporation update that we anticipate will be available online on or about February 14, 2008. Download and install this update when it becomes available. (Go to the Update menu and select Update Installed Products.)
 
Workaround 
Ignore the error message.

Tax Year: 2007
Last Updated:  01/13/2009

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