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Bye Bye 2011, Hello 2012

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    Bye Bye 2011, Hello 2012

    The real end of year 2011...to the tax practitioners...
    Last edited by Questionguy101; 10-15-2012, 05:16 PM.

    #2
    Waiting on my last 8879 to be faxed to me. It is 7:23 pm est.
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.

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      #3
      Finally left the office. Sitting at home waiting for my Australian client to give me the go ahead for direct debit on the fed balance due. Then I will xmit. Have 2 other clients & still waiting for info. Doesn't matter on them. They get refunds. They just pay more for paper returns. I'm on PDT. (The time zone, not the meds.)

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        #4
        We can e-file MEF returns until something like 23 November. Of course, they'll still be late. Can't e-file Legacy returns after 11:59 p.m. tonight, though.

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          #5
          My software suggested (actually I think required) any Legacy efiles be submitted by 11AM at the Efile Provider Center (software) but seems like I still have until 10/19 to also submit, not timely of course - after 10/19 Legacy shuts down, and only MeF, which also won't be timely, but can be electronically efiled.

          What is up with the Legacy files for 2011 - and filing by 11 AM on 10/15/2012 - I have always been under the impression that efiles could be submitted up to midnight (Efile Provider-Software Center) say on 4/15 or 10/15.

          This was a way HUGE effort for me today - to have date/time stamps - the 6 returns I efiled - 5 were "tagged" as Legacy (when submitted - automatically by computer software), and only 1 was MeF. I was scrambling to have signature forms prior to the 11AM time frame.

          And I am still waiting for the associated State "Piggyback" returns

          IRS just needs to give us some leeway while they "sort out" their system.

          First time in forever, that I have not been completing returns and efiling until the actual "drop dead" deadline hour on/aboutt 10/15!

          I am going to not do this agiain, if I can help it, and issue notices next filing season, that I need all information received so I can efile prior to 10/1/XXXX

          I need some much needed sleep as I am sure "many" of us do tonight!

          Sandy

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            #6
            What is the difference between Legacy and MeF? How do you know how your return goes? I saw this email and was confused.

            I use TaxslayerPro software. All my returns are from one state that I am doing this late.

            Linda EA

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              #7
              I think I had a morning, sometime about 11 a.m., deadline for Legacy efiles also. Something about transmitting to the IRS soon enough that the states could also transmit and acknowledge back before the cutoff. I know Legacy returns can be resubmitted if rejected for a few days, but can new returns be e-filed during these few days if Legacy?

              Legacy is IRS's old computer program/system that takes all forms and schedules that could ever be efiled. MEF is Modernized Electronic Filing or a similar acronym for the IRS's new computer system. For 2010 it took only a handful of forms, so most of my clients went Legacy and only a few (and extensions) went MEF. For 2011 MEF takes most forms, so almost all of mine went MEF. MEF has been taking entity returns for a few years and can take current plus two prior years of biz returns. You can attach .pdf files to a MEF efile.

              I have some clients that dropped off late enough that I told them I wasn't preparing their returns until after 15 October, and some that haven't dropped off yet. I hope they'll all be MEF so I can still efile. My software puts a MEF icon when I export to efile so I know how it's going; no icon if Legacy.

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