FEDERAL MANDATES

Tax Preparation Mandates

Read the tax practitioner federal e-file mandates below.

1040/1041
Preparers who prepare more than 10 individual or trust returns in 2012 will be required to e-file.

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1065
All 1065 partnerships with 100 or more K1s must be filed electronically. A penalty of $50 per partner will be assessed for those not complying with the mandate. Certain waivers are available, but are very limited.

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1120/1120S
All 1120/1120S corporations with assets of $10 million or more and filing 250 federal returns must e-file.

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990
All 990 exempt organizations with assets of $10 million or preparers filing 250 federal returns must e-file. 990PF has been added to the 250 federal return mandate as of tax year 2006.

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990N
ePostcards for small Exempt Organizations must be e-filed.

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5500
All 5500 Annual Return/Report of Employee Benefit Plans must be e-filed

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If you fall into any of the mandates and do not currently e-file, you are required to apply with the IRS to obtain an EFIN. Complete the application at http://www.irs.gov/pub/irs-pdf/f8633.pdf or use IRS e-services to fill out the application online.