How to fix the audit errors in my Form 8038-CP?
10 views | Last modified 4/11/2024 6:38:30 AM EST |

Follow the explanations shared below for each error code that notifies you to fix while filing Form 8038-CP.

Error Code Error Message                                     

F8038CP-001

If Form 8038-CP Check if Amended Return checkbox is checked, then Part III Line 23 must be checked Yes.
F8038CP-002 If the Form 8038-CP Check if Amended Return checkbox is checked, the Amended return changes statement must be completed.
F8038CP-006 Form 8038-CP must not be filed 120 days prior to the Interest payment date (Part III Line 18) in the return.
F8038CP-007 If Form 8038-CP Part III Line 19b has a value more than zero, then any of the Part III Lines 20c -20f must have a value
F8038CP-008 If Form 8038-CP Part III Line 19b and 19c has a value more than zero, then Part III Line 20a or 20b must not have a value
F8038CP-018 If Form 8038-CP Part III Line 23a Checkbox "Yes" is checked, then a Binary attachment named Debt Service Schedule must be provided in the return.
F8038CP-027 Form 8038-CP Part I must be completed if the checkbox is not checked in Part I of the 8038-CP return.
F8038CP-193 Form 8038-CP, Direct Deposit Line 26c (Account number) cannot be all zeros.
CUSTOM-01 Form 8038-CP Part II Line 21a or 21b must be completed.
CUSTOM-02 Form 8038-CP Part II Line 10 - Report Number must have a value.
CUSTOM-03 Form 8038-CP Part II Line 12 - Date of issue must have a value
CUSTOM-04 Form 8038-CP Part II Line 13 - Name of issue must have a value
CUSTOM-05 Form 8038-CP Part II Line 14 - CUSIP number must have a value or must have 9 digits
CUSTOM-06 Form 8038-CP Part II Line 17a - Type of bond must have a value
CUSTOM-07 Form 8038-CP Part II Line 17b - Issue price must have value
CUSTOM-08 Form 8038-CP Part II Line 17c - Code number for type of bonds must have a value
CUSTOM-09 Form 8038-CP - <b>Signature and Consent details</b> must be completed.
CUSTOM-10 Form 8038-CP <b>Direct Deposit</b> Line 26 must be completed
CUSTOM-11 Form 8038-CP Part III Line 18 must be completed
CUSTOM-12 Form 8038-CP Part III Line 21c statement must be completed if you have provided values in any of the Lines 21a or 21b
CUSTOM-13 Report Number should not be same for more than one return.
CUSTOM-14 Form 8038-CP Direct Deposit details - Routing Number must be started in 01 through 12 or 21 through 32 and must be 9 digit number.
CUSTOM-15 Form 8038-CP Schedule A, If any of the columns has a value, then remaining columns must be completed.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

After resolving all the errors and cautions based on the error messages, you can continue to transmit the return to the IRS.

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