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Hawaii C-Corporation N-342 Attachment Error

HI tax
Level 1

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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2 Comments 2
IntuitGabi
Community Manager
Community Manager

Thank you. We are addressing this in the program. 

cyeung3800
Level 1

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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