Ray in Ohio Posted February 1, 2011 Report Posted February 1, 2011 Got a couple returns with the following Error Code 0492: o o Form 1040 – When Residential Energy Credits (SEQ 0988) is significant, must equal Nonbusiness Energy Property Credit (SEQ 0175) plus Residential Energy Efficient Property Credit (SEQ 0335) of Form 5695 I can not find any information on the solution to this error. Apparently it was a problem for tax year 2009 as I found some posts regarding the same error in other forums etc. But I am unable to find a solution or a fix. Has anybody else experienced this error and might happen to have any information on what to do? Quote
David1980 Posted February 1, 2011 Report Posted February 1, 2011 That reject is just saying that line 52 of the 1040 doesn't equal lines 11 + 27 of the 5695. So on the return, do they equal? Quote
Ray in Ohio Posted February 1, 2011 Author Report Posted February 1, 2011 That reject is just saying that line 52 of the 1040 doesn't equal lines 11 + 27 of the 5695. So on the return, do they equal? On the return: 1040 Line 52: $501 5695 Line 11 = $0.00 Line 27 = $501 So, yes the total of those two lines matches line 52. This thing has got me stumped and the client slightly upset. Quote
kcjenkins Posted February 1, 2011 Report Posted February 1, 2011 Isn't that credit one of the 'extenders' that can't yet be efiled? Quote
Edward Posted February 2, 2011 Report Posted February 2, 2011 Isn't that credit one of the 'extenders' that can't yet be efiled? Nope. Quote
Gail in Virginia Posted February 2, 2011 Report Posted February 2, 2011 Try updating your forms -- I noticed when I updated this morning that there is a new version of that particular form. Quote
Ray in Ohio Posted February 2, 2011 Author Report Posted February 2, 2011 I update every day. And I also don't believe that this is one that is a form that can not be filed before Feb 14th. Clueless!! Quote
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