Caution:
Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States
If decreasing a posted TC 766 CRN 263, input the CRN amount with a minus sign. For example, a CRN 263 for $2,500.00- will generate a TC 767 CRN 263 for $2,500.00
A TC 971 AC 114 has posted, but no TC 766 CRN 263 posted
The inclusion year return indicates an IRC 965(h) deferred tax amount and/or the Form 965-A reflects the triggered liability amount and an IRC 965(h) election being made in the year of the triggering event
Ensure the TC 971 AC 114 amount was entered correctly and use CC REQ54 to input a TC 290 .00 CRN 263 to establish the 965 deferral on the module.
Get a plain-English answer with a citation back to this text.
Ask AI about this code