Section 07 - Fields Descriptions

Section 07 Fields are located in Form 990-T, Part III.

All Fields are dollars and cents. All Fields are positive only except Field 07B/R which is positive or negative. All Fields are located on page 2 of Form 990-T.

Listed below are the Fields contained in Section 07 showing the Field Designator, title, location on the return and maximum length:

No.

Field

Field Title

Location

Max Length

076A

Overpayment Credit Prior Year

Part III, Line 6a

11

076B

Estimated Tax Payments

Part III, Line 6b

11

076C

Tax Deposited With Extension

Part III, Line 6c

11

076D

Foreign Tax Withheld Form 1042-S

Part III, Line 6d

11

076E

Backup Withholding

Part III, Line 6e

11

076F

Credit for Small Employer Health Insurance Premiums

Part III, Line 6f

11

076G

Deemed payment election

Part III, Line 6g

15

076H

Credit from a RIC or REIT (Form 2439 )

Part III, Line 6h

15

076I

Credit for federal tax paid on fuels (Form 4136)

Part III, Line 6i

15

076J

Other credits and payments

Part III, Line 6j

15

07EPV

EPE Verified Amount

ERS generated

15

077>

Total Payments Computer

Part III, Line 7

12

078

Estimated Tax Penalty

Part III, Line 8

11

07B/R

Balance Due/Overpayment

Part III, Line(s) 9/10

15

Balance Due/Overpayment Underprint

Computer-generated Underprint

15

07CRE

Credit Elect

Part III, Line 11

15

Invalid Conditions:

Any Field in Section 07 is invalid if not all numeric, blank and positive except Field 07B/R, which can be positive or negative.

Correction Procedures:

Correct any coding or transcription error.