F8594-001-01 e-file error

If Form 8594, Line 6 'PrchsOrEntrAgrmtWithSellrInd' has a choice of "Yes" indicated, then "Form 8594 Consideration Computation Statement " [ConsiderationComputationStatement] must be attached to Line 6. (rule F8594-001-01)
You'll get this error message if there's missing information for the buyer and seller agreement.

Solution

  1. Go to the 8594 screen in the Other With Return folder.
  2. Enter details in the
    Buyer and seller agreement entered into and maximum amount of consideration paid
    statement.
  3. Recreate and retransmit the return.

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