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14216: Interest Income - EF Messages 5378 and 5285


1040 Individual

I am receiving EF messages 5378 and 5285 regarding sections 'Amount of box 8 less box 13 above that is' as well as the 'Amount that is' on the INT screen. How can I clear these EF Messages?

EF Message 5378 states:

INVALID DATA ENTRY ON SCREEN INT: The total of the amounts entered in the "Amount of box 8 less box 13 above that is" section of the INT screen exceeds the net result of box 8, "Tax-exempt Interest," less box 13, "Bond premium on tax-exempt bond." If you have percentages entered in that section, try using whole dollar amounts instead.

EF Message 5378 occurs if the total of the amounts entered in the Amount of box 8 less box 13 above that is section exceeds the amount entered on line 8. The amounts entered in the Amount of box 8 less box 13 above that is section are assumed to be included in the entry on line 8.

EF Message 5285 states:

THE FOLLOWING INTEREST SCREENS HAVE ERROR 5285: [Screen number here]

INVALID DATA ENTRY ON SCREEN INT: The total of the amounts entered in the "Amount that is" section of the INT screen exceeds the total taxable interest entered in boxes 1, 3, and 10. Return to screen INT and correct your data entry.

EF Message 5285 occurs if the total of the amounts entered on the INT 1099-INT Interest Income screen in the Amount that is section exceeds the total taxable interest entered on lines 1, 3, and 10. The amounts entered in the Amount that is section are assumed to be included in the entries on lines 1, 3, and 10.


 


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