We have discovered an issue in TaxCycle T5013 where line 220 Fiscal period's net income (loss) from line 503 Sch 1 is not calculating on T5013Partner in the following circumstances:
- The type of partnership set on the Info worksheet is 03 Limited liability partnership.
- All partners have the Partner code 5: Partner of a limited liability partnership set on the T5013Partner.
When this issue occurs, review messages warn that the amount on Line 015 of Schedule 50 does not match the amount reported on Line 503 of Schedule 1.
This was resolved in TaxCycle version 8.1.35158.0.