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

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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.

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