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1041 E-file errors

F1041-068 e-file error

Missing Document: /Return/ReturnData/IRS1041: If Form 1041, Schedule G, Line 2a 'ForeignTaxCreditAmt' has a non-zero value, then Form 1116 must be attached to Line 2a. (rule F1041-068)
This happens if there is an amount on Form 1041, Schedule G, line 2a, but no Form 1116 with an amount on line 33.

Solution

This usually happens because there is data is on the Income or Broken screen for Form 1116, but the data entry is incomplete on the 1116 screen.
  1. In the Income folder, go to the Income or Broker screen. If you have foreign income entered on both screens, repeat these steps for both.
  2. Open the
    Interest income
     and
    Dividends
     statements.
  3. Make sure that these fields have been completed for each line of foreign income:
    • Foreign Ord Div
    • Foreign Qual Div
    • Foreign Cap Gain
    • Foreign Tax Paid
    • X if Foreign
  4. Go to the 1116 screen.
  5. Check for duplicate units of the screen and complete the input for each unity.
  6. Review Form 1116 in Form view. There should be an amount on line 33.

This article applies to:

  • Product: UltraTax CS
  • Return type: 1041 Fiduciary
  • Subject: e-file
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