Section 13 - Field Descriptions

These Fields are from Form 8995-A, Qualified Business Income Deduction Simplified Computation.

Listed Below are the Fields contained in Section 13 including Field Designator, title, and location on the return.

No.

Field

Field Title

Location

Max Length

1327

Part IV Qualified Business Income

Line 5 or Line 27

15

1331

Part IV REIT/PTP Component

Line 9 or Line 31

15

1334

Part IV Net Capital Gains

Line 12 or Line 34

15

1338

Part IV Domestic Production Activities Section 199A (g)

Line 38

15

Invalid Conditions:

These Fields are invalid if other than positive and numeric.

Correction Procedures:

Look at return and Form 8995-A to correct any coding or transcription errors.

These Fields are valid for Tax Periods 201912 and later.

These Fields can be blank.

displayed Fields are:

No.

Field

Explanation

01CCC

Computer Condition Code

01RCD

Received Date

01ORG

Organization Code

01ADC

Audit Code

01COR

Correspondence Received Date

01CRD

Correspondence Indicator

01PIC

Penalty and Interest Code

01CAF

CAF Indicator

01DDP

Daily Delinquency Penalty

"ANY SECTION OTHER THAN 01 IS PRESENT" .

Invalid Conditions:

Error Code 010 will generate when CCC "G" is present and entries other than 01EIN, 01NC, 01TXP, 01CCC (other than "G" , "W" , or "3" ), and 01RCD are present.

Correction Procedures:

Correct all misplaced entries, coding and transcription errors.

Compare the displayed Field with the return and attachment. If incorrect, overlay the screen with the correct information.

Determine if CCC "G" was input correctly: