Note:
Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States
Input the IRC 965 triggered liability amount in the Miscellaneous Field as a positive number. The amount should be input as dollars only (no cents), with no special characters.
No TC 971 AC 114 was posted to the triggering event year module (MFT 05 ONLY)
The reporting year Form 965-A reflects a triggered liability amount WITH an IRC 965(h) election being made to pay the triggered liability in 8 annual installments
Use CC REQ77 to input the TC 971 AC 114 to reflect the triggered liability amount.
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