If a corporation that meets the asset and return filing thresholds files a 52-53 week return that ends on December 30, 2006 are they required to e-file their Tax Year 2006 return?
A4. Yes, for purposes of determining whether a corporation with a 52/53 week tax year must file electronically, such corporation’s tax year is deemed to end or close on the last day of the calendar month nearest to the last day of the 53-53 week tax year. For further guidance on 52-53 week tax years, see Regulations section 1.441-2(c)(1).
Related Questions
- If a corporation that meets the asset and return filing thresholds files a 52-53 week return that ends on December 30, 2006 are they required to e-file their Tax Year 2006 return?
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