Menu
Home
Search
Browse
Help
Search
Back
Contact Us
|
Support Signin
Knowledge Base
Home
Search
Browse
Help
Home
»
Browse
»
Drake Tax
»
Electronic Filing
»
Rejects + EF Messages
»
11967: 1040 - Reject F1040-394 Homebuyer Repayment Exceeds Credit
11967: 1040 - Reject F1040-394 Homebuyer Repayment Exceeds Credit
Last Month
Rejects + EF Messages
How do I correct reject F1040-394?
This reject refers to a credit entered on Form 5405, page 2
and is the result of a comparison made between the credit entered on form 5405 and the credit shown in IRS records. This reject also can occur if only one spouse received the credit, and the
HOME
screen
TSJ
box is not marked for that taxpayer or spouse. The taxpayer will need to contact the IRS, or use the
IRS First Time Homebuyer Credit Account Look-up tool
to determine the correct amount of the credit, and then modify the repayment accordingly.
Related Links
1040 - EF Message 5030 - First-Time Homebuyer Credit
First-time Homebuyer Credit Repayment
Also In This Category
Top Rejects This Week
Federal Form 8283 Reject “F8283-042"
1040 Reject "F1040-034-07"
1040 - EF Message 6249
Duplicate Business Return Rejection - Not Amended or Superseded
1040 - EF Message 5090
CO Form 104 Reject "23-104-026"
IRS Reject R0000-198
Standard Reports - Pending, Rejected, and Accepted
8839 - Unsuccessful Adoption Expenses
On a scale of 1-5, please rate the helpfulness of this article
1
2
3
4
5
Not Helpful
Very Helpful
Optionally provide private feedback to help us improve this article...
Thank you for your feedback!
Next
Details
Article has been viewed 13K times.
Last Modified:
Last Month
Article not rated yet.
Options
Print Article