Section 01 Errors

This subsection gives instructions for correcting Section 01 error conditions.

Section 01 has entity data and codes for returns and is required for every record.

This entry represents prepayment of a penalty.

It must be blank or numeric.

If an amount is present, it must be dollars and cents.

The Remittance field cannot be changed by ERS.

Listed below are the fields that are in Section 01 of Form 1065. See Exhibit 3.12.15-1, Form 1065, U.S. Return of Partnership Income.

The Field Designator, Field Length (maximum length for variable fields), Title, and Location where the data is obtained on the return is shown below:

Field Designator

Field Length

Title

Location on Form 1065

01NC

4

Name Control/Check Digit

First Name line Form 1065, page 1

01EIN

9

Employer Identification Number

Form 1065, page 1, Box "D"

01TXP

6

Tax Period

Form 1065, page 1, between form Title and OMB Number

01RCD

8

Received Date

Form 1065, page 1, Deduction Area

01CCC

10

Computer Condition Code

Form 1065, page 1, dotted portion of Line 1a

01TXB

8

Tax Period Beginning

Form 1065, page 1, Left of field 01TXP

01NAI

6

North American Industry Classification Code System (NAICS)

Form 1065, page 1, Box "C"

01DOB

6

Date Business Started

Form 1065, page 1, Box "E"

01NOP

6

Number of Partners

Form 1065, page 1, Line "I"

01NPV

1

Number of Partners Verified

Form 1065, page 1, Line I

01IRC

1

Initial Return Code

Form 1065, page 1, to the left of Box "G"

01TT

1

Technical Termination

Form 1065, page 1, Box "G(6)"