Form 8453-S - U.s. S Corporation Income Tax Declaration For An Irs E-File Return - 2014 Page 2

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Form 8453-S (2014)
Page
Future Developments
Use of PTIN
If the officer checks box 6c, the officer
must ensure that the following information
For the latest information about
Paid preparers. Anyone who is paid to
relating to the financial institution account
developments related to Form 8453-S and
prepare the corporation's return must enter
is provided in the tax preparation software.
its instructions, such as legislation enacted
their PTIN in Part III. For information on
• Routing number.
after they were published, go to
applying for and receiving a PTIN, see
Form W-12, IRS Paid Preparer Tax
• Account number.
Identification Number (PTIN) Application
• Type of account (checking or savings).
General Instructions
and Renewal, or visit
• Debit amount.
EROs who are not paid preparers. Only
Instead of filing Form 8453-S, a
EROs who are not also the paid preparer of
• Debit date (date the corporation wants
corporate officer filing a
TIP
the return have the option to enter their
the debit to occur).
corporation’s return through an
PTIN or their social security number in the
electronic return originator
An electronically transmitted return will
"ERO's Use Only" section of Part III. For
(ERO) can sign the return using a personal
not be considered complete, and therefore
information on applying for and receiving a
identification number (PIN). For details, see
filed, unless either:
PTIN, see Form W-12, IRS Paid Preparer
Form 8879-S, IRS e-file Signature
• Form 8453-S is signed by a corporate
Tax Identification Number (PTIN)
Authorization for Form 1120S.
officer, scanned into a PDF file, and
Application and Renewal, or visit
transmitted with the return, or
Purpose of Form
• The return is filed through an ERO and
Refunds
Use Form 8453-S to:
Form 8879-S is used to select a PIN that is
• Authenticate an electronic Form 1120S,
The IRS generally issues a refund within 3
used to electronically sign the return.
U.S. Income Tax Return for an S Corporation,
weeks after accepting the return. However,
The officer’s signature allows the IRS to
some refunds may be delayed because of
• Authorize the ERO, if any, to transmit via
disclose to the ERO, transmitter, and/or
compliance reviews to ensure that returns
a third-party transmitter,
ISP:
are accurate.
• Authorize the intermediate service
• An acknowledgement that the IRS has
provider (ISP) to transmit via a third-party
Privacy Act and Paperwork Reduction Act
accepted the corporation’s electronically
transmitter if you are filing online (not using
Notice. We ask for the information on this
filed return, and
an ERO), and
form to carry out the Internal Revenue laws of
• The reason(s) for any delay in processing
the United States. You are required to give us
• Provide the corporation’s consent to
the return or refund.
the information. We need it to ensure that you
directly deposit any refund and/or
The declaration of officer must be signed
are complying with these laws and to allow
authorize an electronic funds withdrawal
and dated by:
us to figure and collect the right amount of
for payment of federal taxes owed.
tax. Section 6109 requires EROs to provide
• The president, vice president, treasurer,
Who Must File
their identifying numbers on the return.
assistant treasurer, chief accounting
officer, or
You are not required to provide the
If you are filing a 2014 Form 1120S through
information requested on a form that is
an ISP and/or transmitter and you are not
• Any other corporate officer (such as tax
subject to the Paperwork Reduction Act
using an ERO, you must file Form 8453-S
officer) authorized to sign the corporation’s
unless the form displays a valid OMB control
with your electronically filed return. An ERO
income tax return.
number. Books or records relating to a form
can use either Form 8453-S or Form
If the ERO makes changes to the
or its instructions must be retained as long as
8879-S to obtain authorization to file the
electronic return after Form 8453-S has
their contents may become material in the
corporation’s Form 1120S.
been signed by the officer, whether it was
administration of any Internal Revenue law.
When and Where To File
before it was transmitted or if the return
Generally, tax returns and return information
was rejected after transmission, the ERO
are confidential, as required by Internal
File Form 8453-S with the corporation’s
must have the officer complete and sign a
Revenue Code section 6103.
electronically filed income tax return. Use a
corrected Form 8453-S if either:
scanner to create a Portable Document
The time needed to complete and file this
• The total income (loss) on Form 1120S,
Format (PDF) file of the completed form.
form will vary depending on individual
line 6, differs from the amount on the
Your tax preparation software will allow
circumstances. The estimated average time is:
electronic return by more than $150, or
you to transmit this PDF file with the return.
Recordkeeping .
.
.
. 4 hr., 46 min.
• The ordinary business income (loss) on
Specific Instructions
Learning about the law
Form 1120S, line 21, differs from the
or the form
.
.
.
.
.
.
.
6 min.
amount on the electronic return by more
Name. Print or type the corporation’s
than $100.
Preparing and sending
name in the space provided.
the form to the IRS .
.
.
.
. 10 min.
Part III—Declaration of Electronic
Employer identification number (EIN).
If you have comments concerning the
Return Originator (ERO) and Paid
Enter the corporation’s EIN in the space
accuracy of these time estimates or
provided.
Preparer
suggestions for making this form simpler,
Part II—Declaration of Officer
we would be happy to hear from you. You
Note. If the return is filed online through an
can send us comments by going to
ISP and/or transmitter (not using an ERO),
Note. The corporate officer must check all
, clicking on "More
do not complete Part III.
applicable boxes on line 6.
Information," and then clicking on "Give us
If the corporation’s return is filed through
Feedback." You can also send your
If the corporation has tax due and the
an ERO, the IRS requires the ERO’s
comments to the Internal Revenue Service,
officer did not check box 6c, the
signature. A paid preparer, if any, must
Tax Forms and Publications Division, 1111
corporation must deposit the payment no
sign Form 8453-S in the space for Paid
Constitution Ave. NW, IR-6526,
later than the 15th day of the 3rd month
Preparer Use Only. But if the paid preparer
Washington, DC 20224. Do not send the
after the end of its tax year. For more
is also the ERO, do not complete the paid
form to this address. Instead, see When
information on depositing taxes, see the
preparer section. Instead, check the box
and Where To File, earlier.
Instructions for Form 1120S.
labeled “Check if also paid preparer.”

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