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Efile of 2 returns for same year

Technical topics regarding tax preparation.
#1
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I have a client that terminated their S Corp and reverted to a C corp effective 5/2/17. I confirmed with the IRS that they have those dates in their system. I think that you can only efile 1 return per year per EIN. If I efile the S corp return will the Corp return from 5/3/17 - 12/31/17 be rejected if I try to efile that? Anyone have any experience with that? Maybe it is better to just paper file this return with an explanation?
 

#2
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WA State
Why the explanation? Won't the dates at the top of page one explain enough?

Keep in mind that the 1120S won't be a final return because you intend on continuing under the same EIN. Saw this go horribly awry once.
~Captcook
 

#3
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ah ok good to know. i was going to mark it final. thanks.

I saw another instance where a return was filed with a part-year date and the IRS automatically changed their fiscal year. I just want to make sure that doesn't happen because then when i file the 5/3 - 12/31 return i will have issues since they will be looking for a 5/3/17 - 5/2/18 return.
 

#4
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swgordon wrote:ah ok good to know. i was going to mark it final. thanks.

I saw another instance where a return was filed with a part-year date and the IRS automatically changed their fiscal year. I just want to make sure that doesn't happen because then when i file the 5/3 - 12/31 return i will have issues since they will be looking for a 5/3/17 - 5/2/18 return.


I had this happen once, but I'm rather certain including a letter wouldn't change much. In my instance, it took several phone calls to get it resolved, but I never had to send anything further because IRS had all the proper information initially.
~Captcook
 

#5
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Efile one and paper file the other?
 

#6
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I called the IRS today. They said the they were not 100% sure and I would need to speak to their technical dept. I ended up efiling so I will just efile the next one and if it gets rejected I can paper file.
 


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