How to Resolve IRS Rejection, Math Error, negative number, treat the value as zero.

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IRS Rejection Reason

Math Error: Form 990-T, Part I, 'TotalUBTIComputedAmt' must equal the sum of all Form 990-T, Schedule A, Part II 'UnrelatedBusinessTaxblIncmAmt'. For each entry where 'UnrelatedBusinessTaxblIncmAmt' is a negative number, treat the value as zero.

RuleNum: F990T-056

Issue: Form 990-T, Part I, Line 1 must be treated as zero if the amount on Schedule A, Part II, Line 18 is negative value. The client used the override feature in Form 990-T, Part I, Line 1 to input a negative value.

Resolution:

1. Navigate to Tax Forms -> Form 990-T -> Form 990-T, Schedule A, Part II, Line 18
2. Confirm negative value
3. Navigate to Form 990-T, Part I, Line 1
4. Note the negative value
5. Clear the "Override" checkbox
6. The value for Form 990-T, Part I, Line 1 should now be "0"
7. Click "Save" button in the Tools Bar
8. Resubmit the return
   
   
   
   
   
   
   
   
   
   
   
   
   

Circular 230 Disclosure

To ensure compliance with requirements imposed by the IRS, we inform you that any tax advice contained in this software (including any reports or downloads) is not intended or written to be used and cannot be used for the purposes of (i) avoiding penalties under the Internal Revenue Code or (ii) supporting, promoting, marketing or recommending to another party any transaction or matter addressed herein. This software is for informational purposes only and should not be regarded as tax advice. Please consult your tax advisor or attorney for guidance on your individual tax situation.

Related to

• Efile
• Form 990-T
• IRS Rejection

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