E-file Form 5695

[Jesse]

Proseries is not yet allowing for efile of this form as "Form 5695 is not yet finalized". Does anyone know if this is an IRS issue or a Proseries issue?

[dyne]

The residential energy credit appears to be functioning correctly in my Drake Tax Software and
the return is ready to be electronically filed with the form 5695..

[Jesse]

Grunt!!!

Thanks for the info!

[taxdude71]

It mabe ready to file, but that doesn't mean the IRS is going to process it yet. Our UltraTax does not have it ready yet either. I spoke with someone and was told that the IRS hasn't authorized that form for e-file yet.

[Jesse]

Is there a someplace to obtain information as to which forms are efile acceptable vs. which forms are not yet ready for efile through the IRS?

I thought this form had issues a few years ago too, along with the 8863, I don't remember the specifics but they couldn't be efiled until the middle of February.

[David1980]

When the 8863 issue was there they had an e-alert for the delayed forms. They also had IRS reject codes for the forms sent before the IRS was ready, in Pub 1346.

I haven't seen anything about the 5695 being delayed. It's on the list of accepted forms - http://www.irs.gov/efile/article/0,,id=204167,00.html

[S T]

Form 5695

My software has a "do not file - estimated release date of 1-22-2010"

Sandy

[taxea]

by ready to file do you mean that you tried to file it and it worked. I think that is where you will get the message that requires you to delay the filing.

[dyne]

Ready to File

My software indicated my practice return was READY to FILE with no error messages
after claiming the residential energy credit. This is a TEST RETURN which I use for
various tax scenarios. I will NOT be filing this return. I suppose it is possible that an
error message will be generated if I attempted to electronically file the return.

[David1980]

It seems much more likely that this is a software issue, not an IRS issue. No IRS rejection codes in Pub 1346. Nothing in e-alerts about the form not being ready.

The form itself has a Jan 8 revision date. So not all software companies have likely been able to get it in yet. Especially if they have other issues they consider more important. I think they worry more about making sure the EIC and such is ready to go at this point, while forms like 5695 get pushed back - by the software company.

[gboykin]

I sent one through Drake yesterday. I will post this afternoon if it was accepted or not.