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Level 1
December 7, 2019
Solved

Payment Amount on IRS Payment record must not be more than 200% of amount on Form 1040

  • December 7, 2019
  • 1 reply
  • 16 views
Taxpayer owes $151 plus $159 in late payment penalties and interest.  1040 says total amount due $310.  If I leave payment amount blank get an error that payment can't be more than 200% of amount owed.  If I override I get the same error.
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Best answer by George4Tacks

Two choices - (1) paper file due to this reject code or (2) omit all penalties and interest and tell the client they will get a bill for the total amount due as of the date of filing, then e-file with just the $151 due

1 reply

George4Tacks
Level 15
December 7, 2019

Two choices - (1) paper file due to this reject code or (2) omit all penalties and interest and tell the client they will get a bill for the total amount due as of the date of filing, then e-file with just the $151 due

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