Note:

Beginning 2019, BMF programming systemically generates a TC 767 CRN 263 when a TC 670 DPC 64 posts to the inclusion year module or triggering event year module if a 965(h) election was made to pay the triggered liability in installments. For more information on IRC 965 Designated Payments, see IRM 3.14.2.6.5.1, Identifying IRC 965 Elections and Payments.

If a DPC 64 payment posts to a current year return and there is no TC 971 AC 114 review all possible inclusion year modules (201711-201911) using BMFOLM to identify where the payment belongs.

IRC Section 965(h) installments should be made in adherence to the IRC 965(h) Payment Schedule. The IRC 965(h) payment schedule is reflected in the table below. The Maximum Unpaid Percentage per Year column represents the max deferral allowed under the law for the given year, meaning no more than the amount listed in the Maximum Unpaid Percentage per Year column can be left unpaid by the due date of the return for the applicable year.