Please resolve the Hawaii C-Corporation N-342 Attachment Errors that populate when N-30 is marked for e-filing and you enter amounts into Schedule CR Line 21 columns a, b, and c. Program is incorrectly requiring that (in addition to N-342 form normally required to be attached) Form N-342A be attached for column a, N-342B be attached for column b, and N-342C be attached for column c. This is especially critical starting tax year 2020 since the State of Hawaii is requiring Hawaii C-Corporation returns to be e-Filed or be subject to a 2% penalty.
For a C-Corporation reporting 1 renewable energy system for credit, only N-342 is required.
N-342A is the version of N-342 for "individual, corporate shareholders of S Corporations, members of partnerships, beneficiaries of estates or trusts, or condominium apartment associations [NOT C-Corporations]
N-342B is the composite form for N-342A if you are reporting 10 or more renewable energy systems [not required if reporting only 1 system and entity is a C-Corporation]
N-342C is the composite form for N-342 if you are reporting 10 or more renewable energy systems [not required if reporting only 1 system]
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Thank you. We are addressing this in the program.
The errors on Form 342 (2020 Proseries program) have not been solved. Please review the first message and address the question as soon as possible. Thank you!
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