1040-US ELF: Error Code F1040-394-01

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MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to access the electronic filing transmission feature in CS Connect.

Thomson Reuters is committed to proactively evolving our security features to help you protect your firm and your clients' data. For more information about multi-factor authentication, see Multi-factor authentication overview.

Error Code F1040-394-01:  Form 1040, Line 60b 'FirstTimeHmByrRepaymentAmt' must not be greater than the First Time Homebuyer Credit amount in the e-file database.

You'll want to verify what the IRS has on file in the e-file database with regard to the first time homebuyer credit.  To do so, you can use the Account Look-Up Tool at http://www.irs.gov/Individuals/First-Time-Homebuyer-Credit-Account-Look-up; otherwise, the return will need to be filed on paper.  If filing the return on paper, refer to 1040 - US ELF:  Form 8948 - Paper Filing Exceptions.

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