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PTP PTR - Pre filing validation 6972 where property profit reduced to nil by expenses

Article ID
kba-03713
Article Name
PTP PTR - Pre filing validation 6972 where property profit reduced to nil by expenses
Created Date
12th December 2019
Product
Problem
If the Property expenses reduce the profit to nil so there is neither a profit nor a loss the following pre filing validation occurs during the FBI process:
Resolution

Error code: 6972, Type business
There is an entry in [1.24] or [1.31]. Please complete box [1.32].

There is currently no workaround for this issue if the profit has been reduced exactly to nil.  A penny either side would go through.

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