Section 02 Fields and Correction Procedures

Section 02 is transcribed in dollars and cents for the applicable fields. All fields (except Field 02-L (Payment Due or Refund Amount)) positive (+) amounts only. If the taxpayer shows negative (-) amounts in Field 02-A (Net Income Amount), Field 02-B (Applicable Payment Base Year Amount), and /or Fields 02-D (Line 1 - Deferred Amount) through Field 02-K (Net Required Payment Balance), delete with Action Code 6. The computer checked fields in this section will underprint if the taxpayer and computer ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ bring up the underprint and send Letter 3833C , Tax Return Adjustment Explained (BMF). Use open paragraph O and the text for the point of error.

Section 02 fields on the Error Register are shown below: Alpha Field Designator (AFD), Field Title, Field Length, and Location on the Return. See Exhibit 3.12.249-1, Form 8752 - Field Designators, for more information. See Exhibit 3.12.249-2, Form 8752 - Paper Error Register, for more information.

Section 02

Section 02 AFD

Field Title

Field Length

Location on the Return

A

Net Income Amount

15

Line 1

B

Applicable Payment Base Year Amount

15

Line 2

C

Deferral Ratio

3

Line 3

D

Line 1 - Deferred Amount Line 1 - Deferred Amount (Computer)

15

Line 4

E

Line 2 - Deferred Amount Line 2 - Deferred Amount (Computer)

15

Line 5

F

Applicable Payment Deferral Amount

15

Line 6

G

12 Month or Short Year Amount

15

Line 7

H

Net Base Year Income Amount

15

Line 8

I

Net Base Year Percentage Amount Net Base Year Percentage Amount (Computer)

15

Line 9a

J

Required Payment Amount Required Payment Amount (Computer)

15

Line 9b

K

Net Required Payment Balance

15

Line 10

L

Payment Due or Refund Amount Payment Due or Refund Amount (Computer)

15

Line 11/12a • Line 11 or Line 12 (Revision 2024 and previous)

M

Preparer Tax Identification Number (PTIN)

9

Bottom of Form 8752

N

Firm's Employer Identification Number (EIN)

9

Bottom of Form 8752

O

Preparer Phone Number

10

Bottom of Form 8752

This section is required unless Field 01-E (Computer Condition Code) is a "G" , or if Box B (First Tax Year Box), or Field 01-J (First Tax Year Box) is checked. All fields in this section are transcribed from Page 1. Math verification will not be done if the Field 01-D (Tax Period) is invalid.

This field is transcribed from Line 1. Correct all misplaced entries, coding errors, and transcription errors in Field 02-A (Net Income Amount) and correct with Action Code 6.

This field is transcribed from Line 2. Correct all misplaced entries, coding errors, and transcription errors in Field 02-B (Applicable Payment Base Year Amount) and correct with Action Code 6.

This field is transcribed from Line 3. The "Deferral Ratio" is the three-digit code representing the allowable deferral percentage for the taxpayer's elected deferral period. The term "Deferral Period" means the number of months between the last day of the elected tax year and the last day of the required tax year.