Common questions about Corporate Electronic Filing in Lacerte

This article provides answers to frequently asked questions about corporate e-filing in Lacerte, including ineligible forms, e-filing amended returns, and electronic filing deadlines.

Table of contents:

Corporate forms that can't be e-filed

While Lacerte supports a wide range of electronic filing options, certain corporate forms cannot be e-filed due to IRS restrictions or technical limitations. Common situations where e-file is not allowed include:

• Returns with a foreign address
• Forms involving Passive Foreign Investment Companies (PFICs)
• Consolidated corporate returns with unsupported attachments
• Short period returns with complex filing conditions

If you attempt to e-file a return that falls into one of these categories, Lacerte will display a diagnostic message indicating the issue and provide steps for paper filing if applicable. Make sure to follow those instructions to ensure compliance.

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E-filing an amended business return

Amended corporate returns can be e-filed in Lacerte for supported entities such as 1120, 1120S, and 1065.

1. Create a copy of the filed return.
2. In the copy, go to Screen 1 - Client Information and check Amended Return.
3. Make the necessary corrections to the return data.
4. Use the E-File wizard to complete and transmit the amended return.

Keep in mind that e-filing is not available for all states or all types of amended returns. Supporting documentation or explanations may be required as attachments. Lacerte will generate diagnostic alerts to help guide you through those requirements.

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Electronic filing deadlines and perfection periods

Corporate e-filing deadlines depend on the entity type and tax year. For calendar-year filers:

• March 15 is the due date for Forms 1120 and 1120S.
• April 15 is the due date for Form 1065.

If your electronically filed return is rejected on or near the deadline, the IRS allows a 5 calendar day perfection period. This means you can correct and resubmit the return within five days of the rejection and it will still be considered timely filed.

Always check your e-file acknowledgments promptly to confirm acceptance. Lacerte tracks these responses and alerts you to any issues requiring attention. For state deadlines or fiscal-year filers, consult the specific agency guidelines.

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