You’ll see the following error message on the ERRORS page in H&R Block’s 2017 tax software if, on the T776: Statement of real estate rentals page, the total percentage of ownership you entered for the partnership on your rental property is more than 100%:
The total percentage of the partnership on your rental property can’t be higher than 100%. Please correct the number you entered. [error code: 128]
How do I fix this?
To correct the error, return to the T776 page in H&R Block’s tax software and correct the percentage of ownership you entered for yourself and/or your partner(s). Remember, the combined percentage of ownership can’t be more than 100%.
Note: You can find the T776 page under the OTHER icon of the PREPARE tab.