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eFile final business returns when due

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eFile final business returns when due

Rox

When a business closes, the due date for the final income tax or information return is within months and could fall in the same year as a calendar year return that was already e-filed. Businesses close mid-year more often than year-end, and there is no way to eFile that return on a timely basis in ProConnect. The support given me today was to wait until the 2022 year was released. Well, my return will be late by then, not to mention thrown in with all the other busy season work. Other tax prep programs that I have used did not force me to wait until the next season.

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3 Comments
Anonymous
Not applicable

Thanks for the idea. We are changing the status to "Open for voting" since it has been around for over 30 days and no longer considered "New". If you have any questions on the life cycle of an idea, check out our Idea Getting Started Guide for more information.

Rox
Level 3

Thank you! Since COVID I have experienced a higher number of business tax clients closing down. I suspect the ongoing recession will be a similar difficulty for some.

sjrcpa
Level 15

@Rox  if you have for example, a tax return for short year beginning 1/1/22 and ending 3/31/22 that is a 2022 tax return. IRS cannot accept an efiled 2022 return until January 2023. Nothing Intuit can do about it.

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