Mandatory E-filing for 2011 Tax Year

April 2, 2012 — 1,097 views  
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Beginning on January 1, 2012, any person who anticipates preparing and filing 11 or more Forms 1040, 1040A, 1040EZ and 1041 during a single calendar year must use the Internal Revenue Service e-file. The mandatory e-filing is required by everyone fitting these criteria unless the preparer or the return has been administratively exempt from it and has an approved hardship waiver.

If you are subject to these guidelines, you fall under the specified tax return preparers. For those who are an e-file provider, you are authorized to use the IRS e-file, which takes approximately 45 days to complete.

The federal government is not the only agency now requiring businesses or individuals with numerous claims to e-file. New York began mandatory e-filing for those tax preparers and businesses that self-file 100 or more NYC returns starting on January 1, 2011.

E-filing is a much easier process for many individuals and businesses. It allows a claim to be saved, revisited and tracked, and implements helpful hints and directions for filling out the necessary information. It can save time for the IRS or state government, reduce paper waste and have tax returns sent out faster than traditional filing methods such as paper or over the phone.