Iowa S Corp eFile Exception

Forum|Forum|3 years ago
March 11, 2023
1 reply
0 views

After purchasing the Iowa S Corp download I get a message that I am required to efile and they don't support efile so I must contact them (TurboTax) to get a refund. However, the Iowa Dept of Rev allows an exception to print instead of efile "if your software provider doesn't support efile". So I applied for the exception but the software doesn't let me go through the step by step instructions since it still says I must efile. Shouldn't it ask me if I filed for the exception so I can print instead?

TurboTax Business Windows

AliciaP1

TurboTax Business does not charge to e-file, it charges to obtain access to complete the business returns applicable to the state you have income for. You should click on the State Taxes tab and proceed through the interview questions for your Iowa S-Corp return. When you have reviewed everything and are ready to file, you can mark e-file and take care of your federal return. TurboTax will note that you cannot e-file your Iowa Return and you can print and mail it in.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

antonsc63Author

I don't even get the option to go through the step-by-step instructions, it immediately takes me to this screen once I click on Continue after the intro screen for the State. And then the only option I get is "Back" which takes me back to the intro screen. It doesn't give me any options to go through the interview questions because it thinks I'm required to only efile for Iowa and tells me that TurboTax doesn't support efile for Iowa.

AliciaP1

If you do not want to utilize the federal online filing system for business tax returns as suggested in the IA 1120S instructions, you will have to download the forms from the IA website and mail them in.

Per IA 1120S instructions for 2022:

For tax years ending on or after December 31, 2022, an S corporation must file its annual return with the Department electronically using the federal modernized e-file system (MeF) if it meets any one of the following conditions for the tax year:

• The S corporation has $250,000 or more in total gross receipts.

• The S corporation is required to provide 10 or more IA 1120S Schedules K-1 to shareholders.

• The S corporation is reporting $25,000 or more in Iowa tax credits on Schedule B of its Iowa S corporation return.

All S corporations are encouraged to file electronically. If an S corporation return is subject to the electronic filing requirement, but it is filed in another manner, it is not considered a valid return unless the Department provides an exception to the electronic filing requirement.

Mail paper returns to: Corporation Tax Return Processing Iowa Department of Revenue PO Box 10468 Hoover State Office Building Des Moines Iowa 50306-0468

@antonsc63

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"