Introduction
Partnerships required to file electronically may use the following approved guidelines to prepare their income tax returns for tax years ending on or after December 31, 2006, without the need for a waiver. These directions are not all inclusive and will be updated. This information is being published at this time in an effort to provide information as early as possible.
Partnerships should carefully review the permanent directions for electronic filing contained in Publications 4163, 4164 and be prepared to use them for future years.
Partnerships required to e-file may elect to use any or all of the following directions.
Partnerships e-filing may not send paper versions of any forms to be included as part of their return. Additionally, PDF may not be used for any form not listed in these directions that is required to be submitted in XML. Any deviation from these temporary directions will require a formal waiver approved by IRS. (Guidance on Waivers for Partnerships unable to Meet e-file Requirements)
Documents accessed from this page that are in PDF format contain "(PDF)" at the end of the file name. To view PDF documents, download the most recent free version of Adobe Acrobat Reader.
All International forms will be required in XML – there will be NO PDF and NO PAPER options.
Table of Contents
Please read Sections 1 through 4 carefully.
Section 1 - Forms Allowed as PDF
These Optional Directions Are Available Only to Partnerships Required to e-file.
Note: If a new form is created late in the year as a result of legislative changes, and the software industry does not have time to enable the form in XML, then that particular form can be attached to the1065/1065-B electronically filed return in PDF format. See Publication 4163 for 2006 for a list of these forms.
Forms Allowed as PDF
The forms listed below may be attached to the XML portion of the electronic return as a PDF file.
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Form 1128 - Application to Adopt, Change, or Retain a Tax Year
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Form 2439 - Notice to Shareholder of Undistributed Long-Term Capital Gains
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Form 3115 - Change in Accounting Method
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Form 8082 - Notice of Inconsistent Treatment or Administrative Adjustment Request (AAR)
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Form 8271 - Investor Reporting of Tax Shelter Registration Number
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Form 8283 - Noncash Charitable Contributions (PDF only if you are filing more than 10 or third party signature is required)
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Form 8621 - Return by a Shareholder of a Passive Foreign Investment Co. or Qualified Electing Fund
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Form 8716 - Election to Have a Tax Year Other Than a Required Tax Year
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Form 8832 - Entity Classification Election
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Form 8886 - Reportable Transaction Disclosure Statement
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Form 8923 - Mine Rescue Team Training Tax Credit
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Attachment to Form 3468 - Investment Credit for Certified Historic Structures Prior Year Credits Claimed
Section 2 - Information Available on Request
These Optional Directions Are Available Only to Partnerships Required to e-file.
Transactional Data
Transactional data for the following forms may be submitted on a summary form in XML format as defined below. Partnerships that use these optional procedures are agreeing that transactional data details will be made available on request.
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Form T – Forest Activities Schedule
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Form 4562 – Depreciation and Amortization
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Form 4797 – Sale of Business Property
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Form 8824 – Like Kind Exchange
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Form 8873 – Extraterritorial Income Exclusion
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Schedule D – Capital Gains and Losses
Summary format can be used when the underlying transactional data contains more than 100 lines for that particular data type. The summary totals must be reported by data type, classification, or other grouping as required on the form. If there are less than 100 instances of transactions by data type, classification, or other grouping the transactions are required to be itemized.
Transactional Data Summary Formats
A Transactional Data Summary format can only be used when the underlying transactional data includes more than 100 lines for that particular data type by form part (i.e. Schedule D short-term or long-term, Form 4797, Part 1 or Part 2, etc.).
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Form 8873
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If 5.c.(1)(a) - Aggregate of Form 8873 is selected as the basis for reporting, complete all of the applicable Forms 8873 in XML
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Otherwise, a separate summary Form 8873 should be filed for each of the three Extraterritorial Income Exclusion pricing methods described in section 941(a)(1)(A) through (C), if applicable, completing only line 54 for the total amount of the Extraterritorial Income Exclusion and details will be available on request.
Summary format can not be used to net gain and loss transactions. If a partnership chooses to use the summary format to report transactional data, gains and losses must be summarized and reported separately within each form part.
For example, if a partnership had 500 short term gain transactional items and 2000 short term loss transactional items, use of the Summary Format would require the partnership to report 2 separate totals on Part 1 of the Schedule D or Form 4797 under Short Term Gains and Losses, one for the total of the short term gain items and one for the total of the short term loss items.
Section 3 - International Forms - PDF or Paper Options (All Options Deleted)
All of the international forms (5471, 5713, 8858, 8865, and their associated schedules) are required to be submitted in XML.
Section 4 - Forms not required to be filed with the income tax return
IRS form instructions do not require partnerships to attach the following forms to their income tax return and should not include these forms as part of the electronic return. This list is only provided as a reminder and applies to all partnership filers.
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Form 7004 - Application for Automatic 6-Month Extension of Time to File Certain Business Income Tax, Information, and Other Returns
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Form 8693 - Low Income Housing Credit Disposition Bond
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