IL1065-8400-3 e-file error
IL1065-8400-3: If Form IL-1065 Step 6 Line 39 is greater than zero and Form IL-1065 Step 6 Line 40 and Form IL-1065 Step 6 Line 41 are zero, then Form IL-1065 Step 6 Line 42 must be 1.000000.
This happens when Form IL-1120 Page 2 Line 39 is greater than 0, and Lines 40 and 41 equal 0, then Line 42 needs to equal 1.000000.
Solution
- Go toTax forms,States,Illinoisfolder.
- Make sure thatForm IL-1065 Page 2 Step 6 line 42doesn't sayNONEunlessLine 39is less than 0.
- If you need to enterNONEin this field, you need to file the return on paper.
note
As per the Form IL-1065 Instructions, for Line 42: Divide
Line 41
by Line 40
and enter the result, rounded to 6 decimal points. The result can't be greater than 1 or less than 0.Refer to the Illinois 1065 Instructions for more information.
