1040-US ELF: Error Code F982-003-01

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 F982-003-01:  If Form 982, Line 1d 'DschrgQlfyRealPropBusIndbtInd' is checked, Line 4 'ExcldForDschrgQlfyRealPropAmt' must have a non-zero value.

As this rejection states, if Form 982, Line 1d is checked, then Line 4 must have an amount entered.  To enter an amount for Line 4, access Screen 982, located under the Other With Return folder, and enter a number in the Qualified real property business indebtedness applied to reduce basis of depreciable real property field.  Once an amount is entered you can recreate and resubmit the electronic file.

Share This