1040 - US ELF: Error Code F1040-261

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.

Error Code F1040-261: If both Primary and Spouse are 70 ½ years or older at the end of the tax year, and Form 1040, Line 2 checkbox "Married filing jointly" is checked (element 'IndividualReturnFilingStatusCd' has the value 2), then Line 32 'IRADeductionAmt' must be equal to zero if an amount is entered.

Please check for diagnostics and overrides by clicking View \ Diagnostics or by pressing ctrl+d on your keyboard. In the diagnostic window, make sure there are no overrides in the override tab for form 1040, 8606 and the IRA worksheets.

Share This