1040-US ELF: Error Code F1040-025-04

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Error Code F1040-025-03: If Form 1040, Line 75 'OverpaidAmt' is greater than zero and less than Line 79 'EsPenaltyAmt', then (Line 76a 'RefundAmt' and Line 77 'AppliedToEsTaxAmt' must be equal to zero if an amount is entered ) and [ Line 78 'OwedAmt' must be equal to ( Line 79 'EsPenaltyAmt' minus(-) Line 75 'OverpaidAmt') ].

This error occurs when the amount on the overpayment field does not equal the sum of (1) the refund, (2) the amount applied to next year's estimates, and (3) the ES penalty amount. The situation is correct as presented on the form, but the IRS has not accounted for this occurrence in electronic filing specifications. A return that has both an overpayment and a balance due, due to the presence of the Form 2210 penalty, cannot be e-filed.

You must either paper file the return (refer to 1040 - US ELF:  Form 8948 - Paper Filing Exceptions), or suppress the calculated penalty. If the penalty is suppressed, the IRS may send a bill to the taxpayer for any underpayment penalty, as well as any accrued interest and penalties. To suppress the penalty, access Screen Pen, located under the Payments folder, and select Code 1 in the Suppress penalties on Form 1040: Form 2210 fieldview.

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