How will the received date on electronic returns be determined for rejected returns that are not corrected before the scheduled cutover period that begins December 27, 2010?
The 10-day perfection period is actually a “look back” period and is determined once the return is accepted. IRS looks back 10 days from the date the return is accepted (or from the Electronic Postmark, if applicable) to determine if there have been any rejects for the same EIN and Tax Period. If there have been one or more rejects within that 10-day look back period, IRS uses the received date on the earliest reject (or the Electronic Postmark, if applicable, of the earliest reject) as the IRS Received Date for the Accepted return. See examples in the chart below: • Example 1 is for a return that was rejected but subsequently accepted during the 10-day timeframe. Count back 10 days from the date of the Electronic Postmark and the reject on 12/27 falls within the 10 day perfection period. The IRS Received Date is 12/27/10. • Example 2 is for a return that was rejected on 12/26. The return was accepted on 01/08/11. There is no Electronic Postmark on the accepted return. Count back 10 da
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