WASHINGTON — The Internal Revenue Service announced
today the number of tax returns e-filed by businesses rose nearly 9 percent
this year, continuing the growth in the number of corporate and partnership
returns filed electronically. This year, an additional 625,000 corporations and
partnerships chose to e-file their tax returns.
As of Sept. 20, almost 8 million
corporations and partnerships e-filed their income tax returns. The IRS
estimates that e-file accounts for 77 percent of all corporate and partnership
returns filed during 2015. Many corporations and partnerships operating on a
calendar year receive filing extensions. The due date for filing a return after
filing for an extension is usually Sept. 15.
Most large
corporations and partnerships are required to e-file.
Large and mid-size
corporations, generally those with $10 million or more in total assets, are
required to electronically file their Forms 1120 or 1120S. Partnerships with more than 100
partners (Schedules K-1) are also required to e-file their tax returns. The IRS
is seeing growth in e-filing by all business segments.
This
year, a record 100,000 large corporations e-filed their returns, an increase of
8 percent compared to the same time last year. The greatest rate of growth in
e-filing among these businesses is by large partnerships. This year, 142,237
large partnerships e-filed their tax returns, up almost 16 percent from the
same time last year.
Tax Returns
e-filed by Corporations and Partnerships
Category of e-filers
|
Sept. 21, 2014
|
Sept. 20,2015
|
%Change
|
Large
Corporation Tax Returns
|
92,494
|
100,052
|
8.2%
|
Other
Corporate Returns
|
4,373,597
|
4,720,698
|
7.9%
|
Total
Corporate Returns
|
4,466,091
|
4,820,750
|
7.9%
|
Large
Partnership Tax Returns
|
122,879
|
142,237
|
15.8%
|
Other
Partnership Returns
|
2,640,319
|
2,891,466
|
9.5%
|
Total
Partnerships
|
2,763,198
|
3,033,703
|
9.8%
|
Total
Returns
|
7,229,289
|
7,854,453
|
8.6%
|
Corporations and partnerships can get more information
about IRS e-file at IRS.gov.
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