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This article applies to:

  • Product: ONESOURCE Income Tax Express RS
  • Return type: 1120 Corporation
  • State: Alabama,Arizona,California,Idaho,Illinois,Indiana,Kentucky,Maine,Minnesota,Montana,Nebraska,New Jersey,New Mexico,North Carolina,Ohio,Oklahoma,Pennsylvania,South Carolina,Texas,Utah,Virginia,West Virginia
  • Subject: e-file

F1120-328-01 e-file error

This happens when Form 1120, Page 1, Line 20 shows a non-zero value for depreciation, but no Form 4562 is present in the return.

Error message

EF 1120 Federal Reject Diagnostic for Rule Number F1120-328-01 Form 4562 must be present: F1120-328-01: If Form 1120, Line 20 has a non-zero value, then one or more Forms 4562 must be present in the return.

Solution

  1. Go to
    Organizer
    Income and Deductions
    Deductions
    Depreciation and Amortization
    General Depreciation and Amortization
    .
  2. Either enter assets for
    Asset Detail
     or enter Form 4562 summary information at
    Form 4562 Information
    4562 Overrides
    Federal 4562 Overrides
     tab.
note
For diagnostics starting with an asterisk, do a full recompute and recreate the electronic file after making changes to clear the diagnostic.

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