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Level 2
August 19, 2020
Question

Fiscal year end Form 1040

  • August 19, 2020
  • 2 replies
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I know that I cannot e-file a fiscal year end 1040, but there is no place on the 2018 Form 1040 to indicate that the paper return being filed is a fiscal year end.  What to do?

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    2 replies

    Accountant-Man
    Level 13
    August 19, 2020

    I have never seen a fiscal 1040. Is it allowed?

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    Just-Lisa-Now-
    Intuit Community Champion
    August 19, 2020

    Ive never heard of a fiscal 1040 either...what kind of situation do you have @kennyship that you think this is required?

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    Level 8
    August 19, 2020

    I did one about 40 years ago for a lady whose deceased husband had been a farmer and chosen a fiscal year with the first return he filed so she had filed her first return as a fiscal year.

    Level 4
    August 20, 2020

    I have only one as well.  In previous years, I "override" the dates at the top of the form.  This year since it has to be paper filed and that option was not available, I printed and wrote in red sharpie "fiscal year taxpayer and the dates".  Unfortunately they receive notice every year on their payments and must call the IRS every year to "remind" them they are fiscal year taxpayers so I also recommend getting a POA in conjunction with filing as you will most likely need it and possibly adjust your fees accordingly.