jharvey
Level 4
03-12-2024
08:41 AM
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This is actually an IRS issue, and not a software issue. If you look at https://www.irs.gov/e-file-providers/known-issues-and-solutions on row 29 of the 2023 Excel file, the IRS acknowledges this is an error with their e-file schema and they provide the following solution:
If you are claiming an investment credit and you are not making an elective payment election or transfer election for this credit, enter "TMXXX99XXXXX" on Part I, Line 2a.