Denne Posted February 6, 2008 Report Share Posted February 6, 2008 I just tried to create an efile for a client that has a K-1 form with a Section 179 item. I got an error message that the return could not be efiled due to the adjustment.... Is there a way around this? Sort of stuck and the refund of $12,290 on the Federal return.....of course the client wants to efile!! Any suggestions are appreciated..... Thanks! Quote Link to comment Share on other sites More sharing options...
Denne Posted February 6, 2008 Author Report Share Posted February 6, 2008 What is really upsetting the client is that his profits on this little Partnership were only $6781 for the year and of all things the Sec 179 adjustment is only for $230.... Still wondering if there is something I can do to get this efiled..... I don't remember not being able to efile last year because of a 179. Quote Link to comment Share on other sites More sharing options...
jklcpa Posted February 6, 2008 Report Share Posted February 6, 2008 I efiled returns with 179 LY. I just e-filed my own S corp with 179 for 2007 just the other day. Are you up to date on forms. Sch e, pg 2 was just approved this am. Are the profits SE income to him. 179 has limits at the partnership and individual levels. Does he meet the requirements to take the deduction on his personal return? Did you run a regular error check on the return? Quote Link to comment Share on other sites More sharing options...
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