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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.
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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!