Level 3

Solved

Mandatory efile Form 990-T

Forum|Forum|5 years ago
April 14, 2021
9 replies
50 views

Is anyone else having issues efiling a 2020 Form 990-T for a profit sharing plan - 401(a) organization? When attempting to convert and transmit, I receive the message "Form 990-T: Tax-Exempt Orgs: Returns that do not qualify as a 501(c), 4947(a)(1) Trust or 527 Organization are ineligible to file electronically. Return conversion failed.

If I uncheck the box for efiling on the information worksheet, the program shows an error, and says that the return must be efiled.

It appears that IRS is requiring all 990-T returns due on or after April 15, 2021 to be filed electronically and will not accept paper returns.

I spent 2+ hours with tech support yesterday and they were unable to figure out what the issue was.

ProSeries Professional

This topic has been closed for replies.

Best answer by ihan

This unexpected behavior has been addressed in a program update available May 6, 2021.

PATAX

Level 12

Thanks for posting this... Others have brought this up in other posts.. I hope Pro Series is reading this and correct all of these matters because these returns are going to be due May 15th for calendar year entities..... Come on now get this stuff fixed... Just my opinion

C

cmelAuthor

Level 3

There was an update to 990 program today. I hoped that it would take care of my problem with efiling the 990T, but it didn't. The program still will not convert 990T for the reasons stated in original post.

How do we get the attention of ProSeries to fix this problem?

PATAX

Level 12

👍 cmel, thank you very much for the information. I believe that Pro Series monitors posts on this forum, so hopefully someone will read this and take care of this matter. Even if they do not read this it is their job to correct these issues in my opinion. We paid a lot of money for this software and we should not have to put up with this. I hope they correct these issues soon since the return or extension is due as you said May 15th. .....COME ON INTUIT, TAKE CARE OF THIS MATTER... just my opinion...

PATAX

Level 12

@cmel just an update... It still will not let me file a 990 T extension for a regular 501c entity, but it will let me e-file the actual 990T return supposedly... The 990 return is no problem either with the return or with the extension but there appears to be a problem on the 990-t extension part... Hope Pro Series update this soon since extension is due May 15th for calendar-yearcalendar year entities

qbteachmt

Level 15

@IntuitAustin

@IntuitBettyJo

Call out for "please read this topic"

The Forms and Update releases show nothing more is planned by the due dates:

Form 990-T, Sch A UBTI From an Unrelated Trade or Bus

Final, EF Ready

Form 990-T, Exempt Organization Business Income Tax Return

Final, EF Ready

2020.045

2021-04-21

Don't yell at us; we're volunteers

PATAX

Level 12

Thank you qb... I am busy right now trying to finish up the 2020 calendar year 990 / 990-t entities... Instead of waiting for the 990-t extension to be available for e-filing, I figured I would just finish the actual returns before the due date and e-file them... hopefully next year they will have the 990-t extension available for e-filing, if I am still doing this... Thanks again qb

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cmelAuthor

Level 3

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cmelAuthor

Level 3

Still cannot file the 990-T. Posted a screenshot.

ProSeries please review this problem.

sjrcpa

Level 15

@cmel I'm curious. Why does the profit sharing plan need to file a 990-T?

The more I know the more I don’t know.

C

cmelAuthor

Level 3

UBTI

IRonMaN

Level 15

@IntuitAustin

@IntuitBettyJo

A little help on e-filing 990Ts and their extensions?

I'll get the call in a little earlier today.

Slava Ukraini!

dkh

Level 15

Maybe their employment contracts ended on April 15th so there is no longer any support !!! Yikes.

IRonMaN

Level 15

They have posted since April 15th, so they are still around. Maybe our contracts need to end and we stop posting here.

Slava Ukraini!

I

ihanAnswer

Level 4

This unexpected behavior has been addressed in a program update available May 6, 2021.

C

cmelAuthor

Level 3

Thank you. It worked!

H

hockeyguy

Level 3

The problem still has not been fixed. I spent two hours on the phone this morning with a very knowledgeable and patient technician. IMO this is not a technical issue. It's a lack of programing and professional tax recourses allocated to this problem. Intuit monitors this board and this problem goes back to at least last April. Bottom line is that the program does not allow for two extensions to be filed for the same entity in the same fiscal year. Filing deadline today and I need to paper file 990-T extension with detailed disclosure and explanation. Hopefully it doesn't get rejected but more importantly the service does assess draconian interest and penalties.

PATAX

Level 12

@hockeyguy thanks a million for that information. I guess what you are saying is we can't file a 990 extension and a 990 T extension for the same entity? If so that is absolutely absurd and intuit needs to take care of this. Just my opinion.

D

DCR

Level 2

In 2020 and before I've filed the 990 for a client. In 2021 the form is not there and there is no form to transfer from 2020.

Please help

Dawn

PATAX

Level 12

Dcr, I don't think the module has been released yet and maybe that is why you can't transfer it. The 990 module is usually not released until March or so. Just my opinion