Reminder:

No minus sign is needed when inputting the CRN amount to increase the posted TC 766 CRN 263 amount.

Erroneous TC 76X CRN 263 postings resulting from the use of TC 290 .00 CRN 263 instead of the TC 298.00 CRN 263 to apply installment payments to the deferral are very common on inclusion year modules. Refer to the table below when correcting TC 76X CRN adjustments that were input in error. The below information is for leads only if an adjustment is approved by HQ.

If

Then

A manual TC 767 CRN 263 was input using a TC 290 .00 to apply an installment payment that was received and due after the due date of the inclusion year/triggering event year return

Input a TC 290 .00 CRN 263 to generate a 766 CRN 263 in the amount of the credit that was reversed in error to add the credit back in.

Input a TC 298.00 CRN 263 with a minus sign in the amount of the payment using the date of the payment or the installment due date whichever is earlier unless there is interest on the module in which case the installment due date should be used as the interest computation date.