Error Message: “Calculated Field Value:” when printing or verifying a tax return

Error Message: “Calculated Field Value:” when printing or verifying a tax return

SYMPTOMS

When printing or verifying a tax return, an error message similar to the following appears:
Calculated Field Value:

CAUSE

This can occur if a return is created, then a later software update changes a calculation. It can also happen if a calculated value is overridden.

RESOLUTION

Method 1 - Recalculate the field:

  1. Double click the verify error to go to the field.
  2. Press F5 to recalculate the field.

Method 2 - Transmit or print with error (This may be necessary when there is an override the preparer does not want to remove):

  1. In the return, click Transmit or Print. The Return Errors and Rejects window will open.
  2. Click Next to transmit the return .
Note: This error should not be ignored unless the preparer is certain that the overridden value is correct and they have a valid reason for the override.

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