1040-US ELF: Error Code F982-005-01

Alerts and notices
Leave feedback

Contact information (optional):

Leave this blank:

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


Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.

Error Code F982-005-01:  If Form 982, Line 5 'ExcludedUnderSection108b5Amt' has a non zero value, then the [ElectionToReduceBasisOfDeprecPropUnderIRC1017Statement] must be attached.

If Form 982, Line 5 has an amount, then a description must be entered on Screen 982, located under the Other With Return folder, in the Description to reduce basis for Section 1017 property statement dialog.  Once a description is entered you can recreate and resubmit the electronic file.

Share This