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Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States

The net unreversed TC 766 CRN 263 transactions should reflect the IRC 965 Total Tax minus payments made or credit applied towards the IRC 965 deferral on BMF accounts.

If correct and the amounts on the notice accurately reflect the IRC 965(h) deferral amount and payments and credits applied to the deferral on the module, print the notice.

If the TC 971 AC 114 and/or the TC 76X CRN 263 transactions were input incorrectly, see IRM 3.14.2.6.5.4.1, IRC 965(h) Adjustment Procedures. If there is a remaining IRC 965 tax liability after the adjustments are made, and the installment is still owed retype the notice to include the correct Total Unpaid IRC Section 965 Amount and/or Installment Amount Due.

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