Note:

If the credit side of a Doc Code 34 transfer needs to post in the same cycle as any of the above transactions, use a Posting Delay Code 1 on your CC REQ54 adjustment immediately after the IDRS field POSTNG-DLAY-CD>__ to avoid erroneous notices, offsets, and refunds.

A credit transfer affects two different tax modules unless the only purpose of the transfer is to change the payment date.

The debit side, which always appears on the upper part of the screen, reflects the module the credit will be transferred from (ADD).

The credit side, which always appears on the bottom part of the screen, reflects the module the credit will be transferred to (ADC).

The last module requested with CC TXMOD (the primary module) decides which command code to use to move the credit. To reduce the chance for errors, use the notice module as the primary module. Decide if the module shown on the IDRS screen is to be debited or credited. See the table below.

If the module is to be

Then use

Credited

CC ADCnn (nn=Doc Code 24, 34, or 48).

Debited

CC ADDnn (nn=Doc Code 24, 34, or 48).

When reversing an offset, the debit and credit sides may have different dates. Input an Override Code 2 when using different dates. Use the TC 826 date for the TC 821 and the TC 706 date for the TC 701.

Reverse multiple offsets separately. Do not lump them together.

Use a Posting Delay Code to delay the posting of a transaction by up to six cycles. See the table below for standard posting delay codes if not other transactions are being performed.

If the Transfer is Doc Code

Then use a Posting Delay Code

24 or 48

1

34

2

When transferring a credit into a zero balance (full-paid) module, or a balance due module that will create an overpayment, use a Bypass Indicator 1 on the credit side of the transfer to prevent an Unpostable Condition. A Bypass Indicator 1 is not needed on Forms 990, 1041, and 1120, and as long as it is still within one year of the original tax period ending date.

To hold a credit (prevent the credit from refunding or offsetting), enter a Credit Freeze Code 1 on FRM 34 (CR-FR>). On DRT 24, enter TC 570 as the secondary transaction immediately after the second TC>_ on the credit side of the transfer.

The posting of TC 570 will set a -R Freeze Code on the module.

Never leave an unnecessary -R Freeze on a module. Input TC 571 on CC REQ77 with the appropriate Posting Delay Code to reverse TC 570 and release -R Freeze if any remaining credit will refund after the credit posts.

IAT will use the correct reversal Transaction Codes when transferring payments. See IRM 21.5.8-1, Transaction Codes and Reversals. Some examples are:

TC 662 to reverse TC 660 or 430

TC 672 to reverse TC 670

TC 821/701 to reverse TC 826/706