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Presentation on theme: "ELECTRONIC FILING INDIVIDUAL"— Presentation transcript:
ACT 452- Mandates Electronic Filing Tax Preparers who prepare more than 100 returns90% of those returns must be E-Filed
INDIVIDUAL INCOME TAX Ways To File: Louisiana Department of Revenue’s Website
IT-540 (Resident Return)
IT540B (Non-Resident Return)
IT540NRA (Non-Resident Athlete)
Filing MandateExtensions (single extensions or bulk extensions)– Electronic Filing Mandate
INDIVIDUAL INCOME TAX Ways To File Continued:Third Party Software Vendors supporting Modernized Electronic Filing (MEF) IT-540 (Resident Return) IT-540B (Non-Resident)
IT-540NRA (Non-Resident Athlete)
Electronic Filing Mandate
Electronic Filing Mandate
Individual Income Tax Benefits of Modernized E-File: Simultaneous filing of federal and state electronic returns State Only electronic returns Prior Year Returns Accepted
No Electronic Filing Cut Off
ERO Application Process Electronic Return Originators or ERO’s accepted by the IRS will automatically be accepted into the state e-file program. Only software developers are required to test with LA returns (ATS- Acceptance Testing System) A list of approved software vendors has been provided on the LDR Website.
Paper Documents to be retained by ERO The Forms LA8453 and corresponding W-2forms, 1099s and all supporting documentation must be retained for at least 3 years. (Taxpayer’s form LA8453OL) If using PIN (Personal Identification Number) retain Federal E-file signature Authorization Document, IRS Form 8879 The LA8453 will be used as an information document when IRS Form 8879 is used. The LA8453 must be signed and retained when a state only return is transmitted.
Exclusions Exclusions in IRS publications 1345: IAT (International ACH Transaction) will not be accepted.
Transmitting Louisiana Electronic Returns Follow procedures set by IRS Publication 1345 (Handbook for Authorized IRS e-file Providers of Individual Income Tax Returns) When transmitting both returns together, it is important to note that if either return rejects, both returns will reject.
Acknowledgements After Louisiana retrieves the returns from the IRS an electronic acknowledgement is generated for each return and sent to IRS to provide to transmitters Transmitters should verify that the software includes the state acknowledgement retrieval from IRS. Contact our office, Electronic Filing Help Desk at (225)-219-2490 if acknowledgement is not received within 3 business days.
MEF Rejects2013 Filing SeasonRejects from software productRejects issued from LA for technical issues with the software* Contact your vendor for any technical reject issues
Important Reminders PO Boxes are accepted Check acknowledgements to determine whether the return was received Include all Prepayments, Declaration amounts Do Not Mail the LA8453s to LDR
Important Reminders Cont. Double check bank account information for direct deposit/direct debit Double check the date and/or amount for direct debit
LDR WEB Filing Options
LDR Web Filing and Payments Optionswww.revenue.louisiana.govClick
File returns via web
Submit direct debit payments online and specify
effective date of payment
Submit credit card payments online
Specify direct deposit information for refunds
Composite PartnershipNEW for 2013Composite Partnership Return (6922) will be available through MEF Third Party Vendors.Please contact your vendor to determine whether they will support this form.
LDRLaTAP - Business Tax Options
LaTap Business OptionsWho Can Access LaTAP?Louisiana tax accounts, including:• Automobile Rental *• Corporation Income & Franchise*• Excise – Beer*• Excise – Special Fuel Supplier*• Excise – Alcohol• Excise – HZ Waste• Excise – Inspection and Supervision• Excise – Transportation and Communication
LaTap Options Continued• Excise – Wine Direct Shipper• Fuel – Aviation Fuel Dealer• Fuel – Distributor/Exporter/Blender• Fuel – Importer• Fuel – Motor Fuel Transporter• Fuel – Supplier• Fuel – Terminal Operator• International Fuel Tax Agreement*• New Orleans Exhibition Hall*• NO Hotel/Motel*
LaTap Options Continued• Oilfield Site Restoration, Gas*• Oilfield Site Restoration, Oil*• Sales*• Severance – Gas*• Severance – Minerals• Severance – Oil*• Severance – Timber• Statewide Hotel/Motel*• Withholding*• Prepaid Cell*• Tobacco*File, pay, and view. All others pay and view only.
LDR Web Filing Options not on LATAPWithholding- LaWage W-2/L-3 (Annual Transmittal Document) Online Business RegistrationSeverance Tax Application Oil & Gas O1D, O3, O5, G1D, G3, & G5 Returns Bulk Extensions(Individual and Corporation)
FSET- Withholding L-1 Returns and PaymentsFSET is an option that began in 2012 which allows quarterly L1 Return Filing & state withholding payments through a third party software vendor.FSET allows you to:File withholding tax payments electronically.File your quarterly L-1 returns electronically.
Payroll Information Employer’s Withholding TaxCurrent Requirement- 150 or more W-2s Act 452 required electronically filing
January 2014 - 100 or more
January 2016 - 50 or more
E-Fax NumberE- Fax Number for Attachments (225) 231-6221E-Fax cover letter should include the taxpayer’s name, LDR account number and tax filing period.*Declaration pages for Citizens Assessment should not be E-Fax for E-filed returns unless requested.
Approved Software VendorsApproved Software Vendor List for Tax Year 2013http://www.revenue.louisiana.gov/sections/preparer/default.aspx
LA TAX AMNESTYhttp://ldrtaxamnesty.com/
Contact Names and Phone Numbers State Electronic Filing Help Desk For Tax Practitioners and Transmitters OnlyTelephone: (225) 219-2488Shanna Kelly