TaxGuyBill
Level 15
03-12-2024
01:20 PM
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@jharvey wrote:
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.
Thanks for that.
If only Intuit would pay attention and automatically enter that on line 2a.