e-file for Large Business and International (LB&I) - Archived Guidance

The following information has been superseded and should no longer be relied on when e-filing your return. This information is posted only for historical purposes.

Tax Year 2010

e-filing Form 8886, Reportable Transaction Disclosure Statement

e-file for Large and Mid-Size Corporations - Frequently Asked Questions 2010

For those taxpayers impacted by Hurricane Irene, the Service announced an extended due date of October 31, 2011 via IRS Newswire # IR 2011-87, September 1, 2011. Taxpayers in the affected areas will have their accounts systemically updated with proper coding to record the the period to be disregarded in determining whether the taxpayer filed and paid on time. The extended relief due date is posted automatically in the entity account based on the taxpayer's business location. If the taxpayer qualifies for disaster relief for reasons other than business location (i.e., books and records are kept within disaster area), then the taxpayer has to "self-identify" in order for the disaster period to be posted in the taxpayer's entity and for Master File to compute the disaster due date. For more information on disaster relief, please access the link below:

Disaster Assistance and Emergency Relief for Individuals and Businesses

To self-identify as an impacted taxpayer, please call 1-866-562-5227.

Corrections of Certain Failures of a Nonqualified Deferred Compensation Plan to Comply with § 409A(a) - Notice 2008-113 and Notice 2010-6 provide relief and guidance on corrections of certain failures of a nonqualified deferred compensation plan to comply with the operational requirements and the plan document requirements applicable under § 409A(a). Both Notice 2008-113 and Notice 2010-6 require that, to be eligible for relief under the notice, service recipients and service providers comply with certain reporting requirements by attaching information statements related to the corrections to their tax returns.

Corporate taxpayers who electronically file may fulfill the requirement to attach a statement as instructed in Notice 2008-113 and Notice 2010-6 by attaching a General Dependency and entitling it “Section 409A Corrections Attachment”.

LB&I Industry Director Guidance- “Directive on Examination Action with Respect to Certain Gain Recognition Agreements” was posted on July 26, 2010. This memorandum applies to a timely-filed document that purports to be a gain recognition agreement (“GRA”) with respect to an initial transfer, but does not satisfy the requirements in §1.367(a)-8(c)(2). This memorandum also applies to all filings required to be made during the term of a timely-filed GRA with respect to an initial transfer (“original GRA”), or a timely-filed document described in the preceding sentence. Taxpayers filing an amended return are instructed to mark “Filed pursuant to Directive of Examination Action with respect to Certain Gain Recognition Agreement” on the first page of the amended return.

Taxpayers who electronically file may fulfill the requirement to mark "Filed pursuant to Directive of Examination Action with respect to Certain Gain Recognition Agreement” at the top of the amended return by attaching a General Dependency and entering "GRA Directive”" in the Description field of the 1120 return with the amended return checkbox checked. In addition, taxpayers must enter "Filed pursuant to Directive of Examination Action with respect to Certain Gain Recognition Agreement” in the explanation (attachment information) field of the General Dependency.
Any complete and accurate filing that should have been included with the original return that is attached to the amended return should be attached as a PDF. See ( Recommended Names and Descriptions for PDF Files attached to Modernized e-File (MeF) Business Submissions) for guidance on naming the attached PDF files.

Tax Year 2009

• Section 2 of TY 2009 Directions to e-file, Mixed Returns, has been updated to provide more clarity around the various Schedule M-3 required for Mixed Group Returns. This update is available at the link below. These directions MUST be followed by ALL Mixed Group Corporations (Form 1120 Parent with one or more Form 1120-L or Form 1120-PC subsidiaries) that e-file. (Revised 01-28-10)
• Suggested software diagnostics to alert of problems on a Schedule M-3 prior to submission are available.
• The format for the required attachment for the “other with difference” lines to meet the requirement of “separately stated and adequately disclosed” is provided. Schedule M-3 “Other With Difference” Attachments – Separately Stated and Adequately Disclosed.
• Frequently Asked e-file Questions for Large and Mid-Size Corporations
• Directions for corporations to e-file - Tax Year 2009
• Known e-file Issues and Solutions - Tax Year 2009

Tax Year 2008

• e-filing Form 8886, Reportable Transaction Disclosure Statement (03-24-2009)
• Tax Year 2008 and 2009
• e-file for Large and Mid-Size Corporations - Frequently Asked Questions (June 2009)
• Reporting Losses Resulting from Ponzi Schemes
• e-file Process">Electronic Communication between IRS and Transmitters during the e-file Process
• How MeF Systems are Approved for Electronic Filing
• Directions for corporations to e-file - Tax Year 2008
• Known e-file Issues and Solutions - Tax Year 2008

Tax Year 2007

• Form 1120 Schedule O Guidance TY 2007
• Amended and Superseding Corporate Returns Tax Year 2007
• Directions for Corporations required to e-file - Tax Year 2007
• Known issues and Solutions - Tax Year 2007
• Form 7004 - Multiple Extensions Filed in the Same Tax Year (12-09-2008)

• e-file News and Related Announcements

  • e-File Up as Deadline Approaches">Corporate Use of e-File Up as Deadline Approaches (IRS News Release, August 23, 2007)
  • e-file Penalty Oversight Committee">Corporate e-file Penalty Oversight Committee (June 2007)
  • News Release (03-12-07) - IRS Reminds Corporations to E-File or File for an Extension
  • e-filing Now Required for Many Mid-Size Corporations

Tax Year 2006

• Frequently Asked e-file Questions for Large and Mid-Size Corporations - (2006) (rev. 07-26-07)
• IRS e-file for Large Taxpayers Filing their Own Corporate Income Tax Return, Rev. 02/2006 (pdf)
• Known e-file Issues and Solutions – Tax Year 2006
• Effects of Tax Relief and Health Care Act of 2006 on MeF
• Amended and Superseding Corporate Returns
• Form 1120 Schedule O
• Directions for Corporations Required to e-file

Tax Year 2005

• Frequently Asked Questions - (2005)
• Known e-file Issues and Solutions - Tax Year 2005
• LMSB Commissioner Letter to CFOs of Mid-Size Corporations (October 18, 2006)
• LMSB Commissioner Letter to Tax Managers of Large Corporations (10-05-2005)
• Temporary Regulations (pdf) (TD9369, 01-12-2005)
• Proposed Regulations (pdf) (REG-130671-04, 01-12-2005)
• News Release Announcing Waiver Guidance

Return to: e-file for Large and Mid-Size Corporations