1120-US ELF: Mandate for electronically filing corporate returns (FAQ)

Alerts and notices


Is there a mandate for electronically filed corporate returns?


Yes, the IRS mandates that corporations that have $10 million or more in assets and that file at least 250 returns annually are required to electronically file Forms 1120, 1120S, and 1120-F . Note that the 250 or more returns refers to returns that the corporation files, not the preparer. For more information on how the 250 return threshold is determined, visit the IRS website.

For more information regarding 1120 electronic filing waiver request procedures (e-file opt-out information), see IRS Notice 2010-13.

Internal notes

Support: In other words, this is a mandate on the corporation, NOT the preparer. The 250 returns are returns that the corporation (i.e. taxpayer) has filed or will file. It's not how many returns the preparer has filed.