Example:
Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States
If all installments have been timely paid and all TC 76X CRN 263 transactions and the TC 971 AC 114 are correct and there is a credit balance on the module and the 965 liability has not been fully paid, input a TC 298.00 CRN 263 using the current date to generate a TC 767 CRN 263 to apply the overpayment to the 965 liability.
AMT>
Enter .00
Enter .00 when inputting a TC 290/298 to adjust the TC 76X CRN 263 transactions.
RSN-CDS>
Input 192
Reason Code 192 is required when inputting/adjusting TC 76X CRC 263 adjustments.
HOLD-CD>
Follow the guidance in IRM 3.14.2.7.6.3, Hold Codes, to input the appropriate hold code.
When inputting adjustments to correct the TC 76X CRN 263 amount(s) and there will be an outstanding 965 deferral remaining on the module, use of HC 4 is appropriate in most cases, however, if there is also a balance due of non-965 tax on the module, the notice should go out.
When inputting adjustments to correct the TC 76X CRN 263 amount(s) and the adjustments result in the 965 tax liability being full paid with an overpayment on the module, the notice should go out.
PSTING-DLAY-CD>
Input the number of cycles as appropriate. The accepted values are 1-6.
No posting delay code is required when inputting multiple TC 76X CRN 263 adjustments, however, if you are inputting other adjustments in addition to the TC 76X CRN 263 adjustment(s), then a posting delay code is needed.
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