You will see the following error message on the ERRORS page in H&R Block’s 2015 tax software if, while completing form T776/TP-128: Statement of real estate rentals, you did not indicate the type of ownership for the business you’re reporting rental income for:
From the drop-down menu, choose the type of ownership for the business you’re reporting rental income for. [error code: RQ157]
To correct the error, select one of the following options from the Type of ownership for the business dropdown menu in the Business information section of form T776/TP-128:
- Sole proprietorship
- Co-ownership (less than 6 people)
Note: Form T776/TP-128 can be found on the PREPARE tab under the OTHER icon. It can also be found on the PREPARE tab under the RRSPS AND INVESTMENTS icon.