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Part 3. Submission Processing

Chapter 11. Returns and Documents Analysis

Section 26. Miscellaneous Tax-Exempt Governmental Entities (TE/GE) Tax Returns (Cont. 8)

3.11.26  Miscellaneous Tax-Exempt Governmental Entities (TE/GE) Tax Returns (Cont. 8)

3.11.26.4 
Error Resolution - Instructions for Tax-Exempt Bonds

3.11.26.4.13 
Error Codes
Instructions for Tax-Exempt Bonds

3.11.26.4.13.11 
Error Code 034

3.11.26.4.13.11.1  (01-01-2009)
Error Code 034
Invalid Conditions

  1. Error Code 034 will generate if:

    1. Field 01CRD is earlier or equal to Field 01RCD, OR

    2. Field 01CRD is later than the processing date.

3.11.26.4.13.11.2  (01-01-2009)
Error Code 034
Correction Procedures

  1. Correct any coding or transcription errors.

  2. The Received Date will either be stamped or edited on the return. If the Received Date is missing or illegible, determine the date in the order listed in IRM 3.11.26.4.12.8 for Form 8038-T and IRM 3.11.26.4.11.17 for Forms 8038, 8038-G, 8038-GC and 8328.

  3. A CRD will be determined from the date the reply was received in the processing center.

  4. If more than one Correspondence Received Date is present, use the earliest date.

  5. If "no reply" , enter CCC "3" in Field 01CCC and delete Field 01CRD.

3.11.26.4.13.12  (01-01-2009)
Error Code 073

  1. Error Code 073 displayed fields are:

    01CCC Computer Condition Codes
    01CRD Correspondence Received Date

3.11.26.4.13.12.1  (01-01-2009)
Error Code 073
Invalid Conditions

  1. Error Code 073 will generate when Field 01CCC is "3" and Field 01CRD is present.

3.11.26.4.13.12.2  (01-01-2009)
Error Code 073
Correction Procedures

  1. Correct any coding and transcription errors.

  2. Determine if the return is a "no reply" . IF so, delete Field 01CRD.

  3. If the return is NOT a "no reply" , delete CCC "3" .

3.11.26.4.13.13  (01-01-2009)
Error Code 100, Forms 8038, 8038-G, 8038-GC and 8038-T

  1. Error Code 100 displayed fields are:

    01DTI Date of Issue
    01TXP Tax Period
    01RPT Report Number
    01RCD Received Date

3.11.26.4.13.13.1  (01-01-2009)
Error Code 100, Forms 8038, 8038-G, 8038-GC and 8038-T
Invalid Conditions

  1. Error Code 100 will generate if the Received Date is prior to the Date of Issue.

3.11.26.4.13.13.2  (01-01-2009)
Error Code 100, Forms 8038, 8038-G, 8038-GC and 8038-T
Correction Procedures

  1. Correct any coding and transcription errors.

  2. If the Received Date is equal to or prior to the Date of Issue, Change 01RCD to one day later than Field 01DTI.

3.11.26.4.13.14  (01-01-2009)
Error Code 110, Form 8038-T

  1. Error Code 110 displayed fields are:

    01TXP Tax Period
    01RPT Report Number
    01RCD Received Date
    0312D Computation Date

3.11.26.4.13.14.1  (01-01-2009)
Error Code 110, Form 8038-T
Invalid Conditions

  1. Error Code 110 will generate if the Return Received Date is prior to the Issue Computation Date.

3.11.26.4.13.14.2  (01-01-2009)
Error Code 110, Form 8038-T
Correction Procedures

  1. Correct any coding and transcription errors.

  2. If the Received Date is equal to or prior to the Computation Date, change 01RCD to one day later than Field 0312D, Computation Date.

  3. If the Field 0312D, Computation Date is a date later than the current date, delete the Field 0312D, Computation Date.

3.11.26.4.13.15  (01-01-2009)
Error Code 120, Forms 8038, 8038-G, 8038-GC and 8038-T

  1. Error Code 120 displayed fields are:

    01TXP Tax Period
    01DTI Date of Issue
    01RPT Report Number

3.11.26.4.13.15.1  (01-01-2009)
Error Code 120, Forms 8038, 8038-G, 8038-GC and 8038-T
Invalid Conditions

  1. Error Code 120 will generate if the Tax Period is not equal to the Date of Issue and/or the year is before 198501.

3.11.26.4.13.15.2  (01-01-2009)
Error Code 120, Forms 8038, 8038-G, 8038-GC and 8038-T
Correction Procedures

  1. Correct any coding and transcription errors.

  2. If the tax period has not been edited, enter the Date of Issue in YYYYMM format.
    Example: If the Date of Issue is April 12, 2005, Field 01TXP is 200504.

  3. If the Date of Issue is missing, see IRM 3.11.26.4.12.19.1, Form 8038-T, Field 01DTI, Date of Issue Error Conditions/Corrections Procedures . For Forms 8038, 8038-G, 8038-GC and 8328, see IRM 3.11.26.4.11.14.1 Field 01DTI, Date of Issue Error Conditions/Corrections Procedures

  4. If the tax period is prior to 198501, change the tax period (Field 01TXP) to 198501 and the Date of Issue (Field 01DTI) to 19850101.

  5. If a return is determined to be early filed:

    If the tax period is Then And
    less than 4 months after today's date reject using SSPND 480 annotate "early filed" on the Form 4227
    4 months or more in the future reject using SSPND 211 correspond requesting clarification

  6. Rejects will:

    If the tax period is Then And
    less than 4 months from today's date hold the return until the month of the tax period on the return send the return through to be processed
    4 months or more in the future if a reply is received enter the correspondence received date and perfect the return.
    if no reply enter CCC "3" and enter the signature date as the tax period date. If the signature date is missing, enter the results of the IRS received date minus ten days.
    if the signature date is missing, enter the results of the IRS received date minus ten days.

3.11.26.4.13.16  (01-01-2009)
Error Code 300, Form 8038-T

  1. Error Code 300 displayed fields are:

    0313 Arbitrage Rebate Amount
    0314 Yield Reduction Payment Amount
    0315 QZAB Escrow Amount
    0317 Penalty in Lieu of Rebate Amount
    0319 Penalty Upon Termination Amount
    0321 Failure to Pay Timely Penalty Amount
    0322 Interest on Underpayment Amount
    0323 Total Payment Amount
    0323> Total Payment Amount Computer

3.11.26.4.13.16.1  (01-01-2009)
Error Code 300, Form 8038-T
Invalid Conditions

  1. Error Code 300 will generate if:

    1. Payment amount is present on Line 23 and Lines 13 - 15, 17, 19 and 21 - 22 are blank, or

    2. The taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.16.2  (01-01-2009)
Error Code 300, Form 8038-T
Correction Procedures

  1. Correct any coding and transcription errors.

  2. If unable to perfect return, enter the amount in Field 0313, Form 8038-T.

3.11.26.4.13.17  (01-01-2009)
Error Code 310, Form 8038-T

  1. Error Code 310 displayed fields are:

    0313 Arbitrage Rebate Amount
    0314 Yield Reduction Payment Amount
    0315 QZAB Escrow Amount
    0317 Penalty in Lieu of Rebate Amount
    0319 Penalty Upon Termination Amount
    0321 Failure to Pay Timely Penalty Amount
    0322 Interest on Underpayment Amount
    0323 Total Payment Amount
    0323> Total Payment Amount Computer

3.11.26.4.13.17.1  (01-01-2009)
Error Code 310, Form 8038-T
Invalid Conditions

  1. Error Code 310 will generate if:

    1. Lines 13 - 15, 17, 19, 21, 22 indicate an amount due and no payment is present on Line 23, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.17.2  (01-01-2009)
Error Code 310, Form 8038-T
Correction Procedures

  1. Correct any coding and transcription errors.

  2. If the taxpayer has not computed the total payments, bring up the underprint in Field 0323.

3.11.26.4.13.18  (01-01-2009)
Error Code 310, Form 8038

  1. Error Code 310 displayed fields are:

    0211A Airport-Amt
    0211B Docs-and-Wharves-Amt
    0211C Water-Furnishing-Fac-Amt
    0211D Sewage-Facilities-Amt
    0211E Solid-Waste-Disp-Fac-Amt
    0211F Qualified-Res-Rent-Proj-Amt
    0211G Fac-for-Loc-Furn-Elec-or-Gas-Amt
    0211H Fac-under-Trans-Rul-TRA-1986-Amt
    0211I Qual-Ent-Zone-Fac-Sect-1394-Amt
    0211J Qual-Empowr-Zn-Fac-Sect-1394f-Amt
    0211K Dist-of-Col-Ent-Zn-Fac-1400A-Amt
    0211L Qual-Public-Ed-Fac-142a13-Amt
    0211M Qual-Grn-Bldng-Dsgn-Proj-142a14-Amt
    0211N Qual-Hwy-Surf-Frt-Trns-142a13-Amt
    0211O Glf-Op-Zn-Fac-1400Na1-1400Na2Ai-Amt
    0211P NY-Lib-Zone-Proj-1400Ld-Amt
    0211Q Other.-Describe-Amt
    0211X "Special/Additional/Write-in" fields (currently used for 2008 Housing Act Qualified for Housing under 142)
    0211Y "Special/Additional/Write-in" fields
    0211Z "Special/Additional/Write-in" fields
    0212A Qual-Mortgage-Bond-Sect-143a-Amt
    0212B Glf-Zn-Mrtg-1400Na1-1400Na2Aii-Amt
    0213 Qual-Vet-Mortgage-Sect-143b-Amt
    0214 Qual-Small-Issue-Sect-144a-Amt
    0215 Qual-Student-Loan-Sect 144b-Amt
    0216 Qual-Redvlpmnt Sect-144c-Amt
    0217 Qual-Hospital-Sect-145c-Amt
    0218 Qual-501c3-Nonhosp-145b-Amt
    0219 Nongvmtl-Output-Property-141d-Amt
    0220A Glf-Zn-Adv-Ref-1400b1-1400Nb3-Amt
    0220B NY-Lib-Zn-Adv-Ref-Sect-1400Le-Amt
    0220C Other.-Describe-Amt
    0220X "Special/Additional/Write-in" fields (currently used for Clean Renewal Energy Bond)
    0220Y "Special/Additional/Write-in" fields (currently used for Qualified Zone Academy Bond)
    0220Z "Special/Additional/Write-in" fields (currently used for 2008 Housing Act Qualified Housing under 143)
    0321B Entire-Issue-Price
    0321B> Entire Issue PriceAmt-Computer
    S02NP Section 02 not present, get section 02
    S03NP Section 03 not present, get section 03

3.11.26.4.13.18.1  (01-01-2009)
Error Code 310, Form 8038
Invalid Conditions

  1. Error Code 310 will generate if:

    1. An amount is present on Line 21b and Lines 11-20Z are blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.18.2  (01-01-2009)
Error Code 310, Form 8038
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.22 and 3.11.26.4.11.22.1 Issue Price amount and correction procedures. See IRM 3.11.26.4.11.25 and 3.11.26.4.11.25.1 Entire Issue Price and correction procedures.

  2. If unable to perfect return enter the amount from line 21b in Field 0220C.

3.11.26.4.13.19  (01-01-2009)
Error Code 315, Form 8038

  1. Error Code 315 displayed fields are:

    0211A Airport-Amt
    0211B Docs-and-Wharves-Amt
    0211C Water-Furnishing-Fac-Amt
    0211D Sewage-Facilities-Amt
    0211E Solid-Waste-Disp-Fac-Amt
    0211F Qualified-Res-Rent-Proj-Amt
    0211G Fac-for-Loc-Furn-Elec-or-Gas-Amt
    0211H Fac-under-Trans-Rul-TRA-1986-Amt
    0211I Qual-Ent-Zone-Fac-Sect-1394-Amt
    0211J Qual-Empowr-Zn-Fac-Sect-1394f-Amt
    0211K Dist-of-Col-Ent-Zn-Fac-1400A-Amt
    0211L Qual-Public-Ed-Fac-142a13-Amt
    0211M Qual-Grn-Bldng-Dsgn-Proj-142a14-Amt
    0211N Qual-Hwy-Surf-Frt-Trns-142a13-Amt
    0211O Glf-Op-Zn-Fac-1400Na1-1400Na2Ai-Amt
    0211P NY-Lib-Zone-Proj-1400Ld-Amt
    0211Q Other.-Describe-Amt
    0211X "Special/Additional/Write-in" fields (currently used for 2008 Housing Act Qualified for Housing under 142)
    0211Y "Special/Additional/Write-in" fields
    0211Z "Special/Additional/Write-in" fields
    0212A Qual-Mortgage-Bond-Sect-143a-Amt
    0212B Glf-Zn-Mrtg-1400Na1-1400Na2Aii-Amt
    0213 Qual-Vet-Mortgage-Sect-143b-Amt
    0214 Qual-Small-Issue-Sect-144a-Amt
    0215 Qual-Student-Loan-Sect 144b-Amt
    0216 Qual-Redvlpmnt Sect-144c-Amt
    0217 Qual-Hospital-Sect-145c-Amt
    0218 Qual-501c3-Nonhosp-145b-Amt
    0219 Nongvmtl-Output-Property-141d-Amt
    0220A Glf-Zn-Adv-Ref-1400b1-1400Nb3-Amt
    0220B NY-Lib-Zn-Adv-Ref-Sect-1400Le-Amt
    0220C Other.-Describe-Amt
    0220X "Special/Additional/Write-in" fields-Qual Zone Acdmy Bond
    0220Y "Special/Additional/Write-in" fields-Clean renewal Energy Bond
    0220Z "Special/Additional/Write-in" fields (currently used for 2008 Housing Act Qualified Housing under 143)
    0321B Entire-Issue-Price
    0321B> Entire Issue Price-Amt-Computer
    S02NP Section 02 not present, get section 02
    S03NP Section 03 not present, get section 03

3.11.26.4.13.19.1  (01-01-2009)
Error Code 315, Form 8038
Invalid Conditions

  1. Error Code 315 will generate if:

    1. An amounts are present on Lines 11-20Z and Line 21B is blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.19.2  (01-01-2009)
Error Code 315, Form 8038
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.22 and 3.11.26.4.11.22.1 Issue Price amount and correction procedures. See IRM 3.11.26.4.11.25 and 3.11.26.4.11.25.1 Entire Issue Price and correction procedures.

  2. If the taxpayer has not computed the total amount of Lines 11-20Z, bring up the underprint in Field 0321B.

3.11.26.4.13.20  (01-01-2009)
Error Code 320, Form 8038

  1. Error Code 320 displayed fields are:

    0324 Proceeds-for-Bond-Issue-Amt
    0325 Proceeds-of-Cr-Enhncment-Amt
    0326 Proceeds-to-Res-Repl-Fund-Amt
    0327 Proceeds-for-Curr-Ref-Amt
    0328 Proceeds-for-Adv-Ref-Amt
    0329 Total-Proceeds-Amt
    0329> Total-Proceeds-Amt-Computer

3.11.26.4.13.20.1  (01-01-2009)
Error Code 320, Form 8038
Invalid Conditions

  1. Error Code 320 will generate if:

    1. An amount is present on Line 29 and Lines 24-28 are blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.20.2  (01-01-2009)
Error Code 320, Form 8038
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.31 through 3.11.26.1.11.36.1 description and correction procedures.

  2. If unable to perfect return enter the amount from Line 29 in Field 0324.

3.11.26.4.13.21  (01-01-2009)
Error Code 325, Form 8038

  1. Error Code 325 displayed fields are:

    0324 Proceeds-for-Bond-Issue-Amt
    0325 Proceeds-of-Cr-Enhncment-Amt
    0326 Proceeds-to-Res-Repl-Fund-Amt
    0327 Proceeds-for-Curr-Ref-Amt
    0328 Proceeds-for-Adv-Ref-Amt
    0329 Total-Proceeds-Amt
    0329> Total-Proceeds-Amt-Computer

3.11.26.4.13.21.1  (01-01-2009)
Error Code 325, Form 8038
Invalid Conditions

  1. Error Code 325 will generate if:

    1. An amounts are present on Lines 24-28 and Line 29 is blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.21.2  (01-01-2009)
Error Code 325, Form 8038
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.31 through 3.11.26.1.11.36.1 description and correction procedures.

  2. If the taxpayer has not computed the total amount of Lines 24-28, bring up the underprint in Field 0329.

3.11.26.4.13.22  (01-01-2009)
Error Code 330, Form 8038

  1. Error Code 330 displayed fields are:

    0323 Proceeds-of-Entire-Issue-Amt
    0329 Total-Proceeds-Amt
    0330 Net-Non-Refnd-Proceeds-Amt
    0330> Net-Non-RefndAmt-Computer

3.11.26.4.13.22.1  (01-01-2009)
Error Code 330, Form 8038
Invalid Conditions

  1. Error Code 330 will generate if:

    1. An amount is present on Line 30 and Lines 23 and/or 29 are blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.22.2  (01-01-2009)
Error Code 330, Form 8038
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.30 and 3.11.26.4.11.30.1, Field 0323 correction procedures and see IRM 3.11.26.4.11.36 and 3.11.26.4.11.36.1 Field 0329 correction procedures and see IRM 3.11.26.4.11.37 and 3.11.26.4.11.37.1, Field 0330 correction procedures.

  2. Subtract Field 0329 from Field 0323 and enter the result in Field 0330.

  3. If correspondence was sent and no reply is received, enter CCC "3" in field 01CCC.

  4. If unable to perfect return enter the amount from Line 30 in Field 0323 and 0321B.

3.11.26.4.13.23  (01-01-2009)
Error Code 335, Form 8038

  1. Error Code 335 displayed fields are:

    0323 Proceeds-of-Entire-Issue-Amt
    0329 Total-Proceeds-Amt
    0330 Net-Non-Refnd-Proceeds-Amt
    0330> Net-Non-Refnd Proceeds-Computer

3.11.26.4.13.23.1  (01-01-2009)
Error Code 335, Form 8038
Invalid Conditions

  1. Error Code 335 will generate if:

    1. An amounts are present on Lines 23 and/or 29 and Line 30 is blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.23.2  (01-01-2009)
Error Code 335, Form 8038
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.30 and 3.11.26.4.11.30.1, Field 0323 correction procedures and see IRM 3.11.26.4.11.36 and 3.11.26.4.11.36.1 Field 0329 correction procedures and see IRM 3.11.26.4.11.37 and 3.11.26.4.11.37.1, Field 0330 correction procedures.

  2. If the taxpayer has not computed the total amount by subtracting line 29 from 23, bring up the underprint in Field 0330.

3.11.26.4.13.24  (01-01-2009)
Error Code 340, Form 8038

  1. Error Code 340 displayed fields are:

    0332A First-NAICS-CD
    0332B First-NAICS-Amt
    0332C Second-NAICS-CD
    0332D Second-NAICS-Amt
    0332E Third-NAICS-CD
    0332F Third-NAICS-Amt
    0332G Fourth-NAICS-CD
    0332H Fourth-NAICS-Amt

3.11.26.4.13.24.1  (01-01-2009)
Error Code 340, Form 8038
Invalid Conditions

  1. Error Code 340 will generate if:

    1. A "NAICS Code" is present on Line(s) 32A, 32B, 32C, 32D and the coinciding $"Amount" Line(s) 32A$, 32B$, 32C$, 32D$, is blank.

3.11.26.4.13.24.2  (01-01-2009)
Error Code 340, Form 8038
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.43 through IRM 3.11.26.4.11.50.1 Fields 0332A-0332H correction procedures.

  2. If unable to perfect return enter a "1" in the $ "Amount" Field(s) (0332B, 0332D, 0332F, 0332H) that coincides with the Field(s) (0332A, 0332C, 0332E, 0332G) that contains the Code.

3.11.26.4.13.25  (01-01-2009)
Error Code 345, Form 8038

  1. Error Code 345 displayed fields are:

    0332A First-NAICS-CD
    0332B First-NAICS-Amt
    0332C Second-NAICS-CD
    0332D Second-NAICS-Amt
    0332E Third-NAICS-CD
    0332F Third-NAICS-Amt
    0332G Fourth-NAICS-CD
    0332H Fourth-NAICS-Amt

3.11.26.4.13.25.1  (01-01-2009)
Error Code 345, Form 8038
Invalid Conditions

  1. Error Code 345 will generate if:

    1. An NAICS $ "Amount" is present on Line(s) 32A$, 32B$, 32C$, 32D$ and the coinciding "NAICS Code" Line(s) 32A, 32B, 32C, 32D, is blank.

3.11.26.4.13.25.2  (01-01-2009)
Error Code 345, Form 8038
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.43 through IRM 3.11.26.4.11.50.1 Fields 0332A-0332H correction procedures.

  2. If unable to perfect return enter a "1" in the "NAICS Code" Field(s) (0332A, 0332C, 0332E, 0332G) that coincides with the Field(s) (0332B, 0332D, 0332F, 0332H) that contains the $ "Amount" .

3.11.26.4.13.26  (01-01-2009)
Error Code 360, Form 8038-G

  1. Error Code 360 displayed fields are:

    0511 Education-Amt
    0512 Health-and-Hospital-Amt
    0513 Transportation-Amt
    0514 Public-Safety-Amt
    0515 Environment-incl-Sewage-Amt
    0516 Housing-Amt
    0517 Utilities-Amt
    0518 Other-Amt
    0518X Special/Additional/Write-in fields
    0518Y Special/Additional/Write-in fields
    0518Z Special/Additional/Write-in fields
    0521B Doc-62-Entire-Issue-Price
    0521B> Doc-62-Entire-Issue Price-Amt-Computer

3.11.26.4.13.26.1  (01-01-2009)
Error Code 360, Form 8038-G
Invalid Conditions

  1. Error Code 360 will generate if:

    1. An amount is present on Line 21B and Lines 11-18Z are blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.26.2  (01-01-2009)
Error Code 360, Form 8038-G
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.76, Issue Price Amount and correction procedures. See IRM 3.11.26.4.11.76 Issue Price Amount and 3.11.26.4.11.76.1 correction procedures. See IRM 3.11.26.4.11.80, Entire Issue Price and IRM 3.11.26.4.11.80.1 Correction Procedures.

  2. If correspondence was sent and no reply is received, enter CCC "3" in field 01CCC.

  3. If unable to perfect return enter the amount from Line 21B in Field 0518.

3.11.26.4.13.27  (01-01-2009)
Error Code 365, Form 8038-G

  1. Error Code 365 displayed fields are:

    0511 Education-Amt
    0512 Health-and-Hospital-Amt
    0513 Transportation-Amt
    0514 Public-Safety-Amt
    0515 Environment-incl-Sewage-Amt
    0516 Housing-Amt
    0517 Utilities-Amt
    0518 Other-Amt
    0518X Special/Additional/Write-in fields
    0518Y Special/Additional/Write-in fields
    0518Z Special/Additional/Write-in fields
    0521B Doc-62-Entire-Issue-Price
    0521B> Doc-62-Entire-Issue-Price-Amt-Computer

3.11.26.4.13.27.1  (01-01-2009)
Error Code 365
Invalid Conditions, Form 8038-G

  1. Error Code 365 will generate if:

    1. An amounts are present on Lines 11-18Z and Line 21B is blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.27.2  (01-01-2009)
Error Code 365, Form 8038-G
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.76 Issue Price Amount and 3.11.26.4.11.76.1 correction procedures. See IRM 3.11.26.4.11.80, Entire Issue Price and IRM 3.11.26.4.11.80.1 Correction Procedures.

  2. If the taxpayer has not computed the total amount by adding Lines 11-18Z, bring up the underprint in Field 0521B.

3.11.26.4.13.28  (01-01-2009)
Error Code 370, Form 8038-G

  1. Error Code 370 displayed fields are:

    0524 Proceeds-for-Bond-Issue-Amt
    0525 Proceeds-of-Cr-Enhncment-Amt
    0526 Proceeds-to-Res-Repl-Fund-Amt
    0527 Proceeds-for-Curr-Ref-Amt
    0528 Proceeds-for-Adv-Ref-Amt
    0529 Total-Proceeds-Amt
    0529> Total-Proceeds-Amt-Computer

3.11.26.4.13.28.1  (01-01-2009)
Error Code 370, Form 8038-G
Invalid Conditions

  1. Error Code 370 will generate if:

    1. An amount is present on Line 29 and Lines 24-28 are blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.28.2  (01-01-2009)
Error Code 370, Form 8038-G
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.86 through 3.11.26.4.11.91.1 description and correction procedures.

  2. If unable to perfect return enter the amount from Line 29 in Field 0524.

3.11.26.4.13.29  (01-01-2009)
Error Code 375, Form 8038-G

  1. Error Code 375 displayed fields are:

    0524 Proceeds-for-Bond-Issue-Amt
    0525 Proceeds-of-Cr-Enhncment-Amt
    0526 Proceeds-to-Res-Repl-Fund-Amt
    0527 Proceeds-for-Curr-Ref-Amt
    0528 Proceeds-for-Adv-Ref-Amt
    0529 Total-Proceeds-Amt
    0529> Total-Proceeds-Amt-Computer

3.11.26.4.13.29.1  (01-01-2009)
Error Code 375, Form 8038-G
Invalid Conditions

  1. Error Code 375 will generate if:

    1. An amounts are present on Lines 24-28 and Line 29 is blank, or

    2. Taxpayer amount differs from the computer figured amount by $1,000.00 or greater.

3.11.26.4.13.29.2  (01-01-2009)
Error Code 375 , Form 8038-G
Correction Procedures

  1. Correct any coding and transcription errors. See IRM 3.11.26.4.11.86 through 3.11.26.4.11.91.1 description and correction procedures.

  2. If the taxpayer has not computed the total amount of Lines 24-28, bring up the underprint in Field 0529.


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