Gail in Virginia Posted February 16, 2011 Report Share Posted February 16, 2011 I have a farm partnership that almost always sells some its older, breeding cows. This is reported on 4797 as capital gain, and carries through on the K-1 to the partner's returns in part I of 4797. I had no problem e-filing the partnership return; however, neither partner's return will e-file. When I attempt to create the e-file I get a message that "Section 1231 transaction adjustment amounts are an e-file exclusion. Paper file this return." I have never had this in the past; any suggestions? Do I really have to paper file? Just realized I should have put this in the e-file forum; my apologies but I don't have time to retype it. Quote Link to comment Share on other sites More sharing options...
Marie Posted February 16, 2011 Report Share Posted February 16, 2011 I had the same problem on a Sch F in an individual return. Others years it was not a problem. Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted February 16, 2011 Report Share Posted February 16, 2011 This is just the IRS's boneheaded way of slowing things down that they are not yet ready to deal with. Quote Link to comment Share on other sites More sharing options...
Gail in Virginia Posted February 22, 2011 Author Report Share Posted February 22, 2011 I was able to create the e-file for this return yesterday, now that we are on version 73 of the 4797. At least it was in time for my farm returns. Quote Link to comment Share on other sites More sharing options...
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