Please review the important information below from the North Carolina Department of Revenue (NCDOR) concerning Reject Code NCCD405-1140.
The NCDOR has identified an issue with the Business Rule NCCD405-1140. Returns are rejecting when there is a holding company and the box is checked to indicate that they’re claiming an exception, and the amount on line 2 is 150,000. The NCDOR is performing internal testing and will provide an update when this issue is resolved.
Please be advised that you may hold these returns until the issue is resolved; however, with the approaching deadline and no ETA on the resolution, you may want to transmit any impacted returns although they will be rejected, so that you have made a good faith effort to timely file the return(s).
