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Business Filer Notices - Math Error Explanations for CP 268 - Form CT-1 Filers

The table below contains a list of all Math Error explanations that may print on a CP 268 notice related to Forms CT-1.  To find the ones that printed on a particular CP 268, look on the tear-off stub to find out which codes were assigned, then look up each code on the table below.

Code Description
01 We found an error in the computation of the balance due or overpayment amount.
02 We cannot allow the amount (or a portion of the amount) shown as an adjustment because it was not claimed within 3 years from the time the original return was filed, or with 2 years from the time the tax was paid.
05 We found an error in the computation of your Tier I Employer Tax.
06 We found an error in the computation of your Tier I Employee Tax.
07 We found an error in the amount of the total tax based on compensation.
08 We found an error in the computation of your Tier II Employer Tax.
09 We found an error in the computation of your Tier II Employee Tax.
11 We found an error in the computation of your total railroad retirement taxes due.
12 We found an error in the computation of the adjustments to employer and employee railroad retirement taxes.
26 We found the amount reported as total Federal Tax Deposits for the year differs from the amount we have credited to your account.
27 We adjusted your tax as shown because we did not receive a reply to our request for additional information.
34 We did not process your request for a credit for the employer's share of the Social Security tax (6.2%) on the exempt wages and tips of qualified employees. The number of qualified employees and the amount of their exempt wages must be provided on the return.

We have processed the remainder of your return. Request the credit by submitting the appropriate Adjusted Employment Tax return.
35 We did not process your request for a credit for the employer's share of the Social Security tax (6.2%) on the exempt wages and tips of qualified employees. The total of the "Taxable social security wages" and "Taxable social security tips" lines must be greater than or equal to the amount shown on the "Exempt wages/tips paid to qualified employees" line.

We have processed the remainder of your return. Request the credit by submitting the appropriate Adjusted Employment Tax return.
90 Fill-In Narrative.
Page Last Reviewed or Updated: 20-May-2013