Form 1120-S Validation Error for Other Decreases
Software reference · Written guide Content date 1 min read
Form 1120-S that includes Schedule M-2 will not pass validation when e-filed if the description for other decreases is missing. The validation error is:
The element 'ItemizedOtherDecreases' in namespace 'http://www.irs.gov/efile' has invalid child element 'Amt' in namespace 'http://www.irs.gov/efile'. List of possible elements expected: 'CorporationName, CorporationEIN, MissingEINReasonCd, Desc' in namespace 'http://www.irs.gov/efile'.
To resolve the validation error, from the Main Menu of Form 1120-S select:
- Schedule M-2 - Unappropriated R/E
- Other Decreases - For any record that includes only an amount, enter a description.