Presentation on theme: "LDR Louisiana Department of Revenue E- File & E- Pay Quick, Accurate and Convenient Personal & Business Tax Filings and Payments Made Easy!"— Presentation transcript:
LDR Louisiana Department of Revenue E- File & E- Pay Quick, Accurate and Convenient Personal & Business Tax Filings and Payments Made Easy!
LDR ACT 452-Mandates Electronic Filing Tax Preparers who prepare more than 100 individual returns January 1, % January 1, % January 1, %
Benefits of E-File Available for most IRS 1040 filers and Louisiana resident IT- 540 & non-resident IT-540B filers Simultaneous filing of federal and state electronic returns Option of filing STATE ONLY electronic A dedicated and knowledgeable preparer Electronically filed returns are more accurate with less chance of errors LDR
Federal and state acknowledgements of receipt Direct Debit of payments - balance due filers can file early and pay later IRS and LA help desks available Faster refunds – About a week Direct Deposit of refunds - available only for electronic returns Benefits of E-File (cont'd)
LDR Application Process Electronic Return Originators or ERO’s accepted by the IRS will automatically be accepted into the state e-file program. Annual state compliance checks are performed on all EROs. A list of approved software vendors has been provided on the LDR Website. lt.aspx Only software developers are required to test with LA returns (PATS-Participants Acceptance Testing System)
LDR The Louisiana Individual Income Tax forms and schedules that can be e-filed are: Forms and Schedules Form IT Louisiana Resident Return (original, amended or for deceased taxpayer) Schedule E - Adjustments to Income Schedule F - Refundable Tax Credits Schedule G - Nonrefundable Tax Credits Schedule H – Modified Federal Income Tax Deduction
LDR Supporting Federal Return and Schedules The State Only Return IT540B, Nonresident and Part-Year Resident return State extension Louisiana Forms & Schedules that can be Electronically Transmitted
LDR The Forms LA 8453 and corresponding W-2 forms, 1099s and all supporting documentation must be retained for at least 3 years. (Taxpayer’s form LA 8453OL)LA 8453 LA 8453OL If using PIN (Personal Identification Number) retain Federal E-file signature Authorization Document, IRS Form 8879 The LA 8453 will be used as an information document when IRS Form 8879 is used. The LA 8453 must be signed and retained when a state only return is transmitted.IRS Form 8879 Paper Documents to be retained by ERO
LDR What cannot be e-filed Exclusions in IRS Publications 1345 Prior Year Returns IAT (International ACH Transaction) will not be accepted this year. To determine if a financial transaction potentially qualifies for IAT, the department asks that the following question be presented to the taxpayer at the time of filing; an answer of yes will indicate an IAT transaction: For taxpayers owing a balance and requesting a direct debit: Will the funds originate from a financial institution outside of the territorial jurisdiction of the U.S.? For taxpayers due a refund and requesting a direct deposit: Will the funds be received by a financial institution outside of the territorial jurisdiction of the U.S.?
LDR Follow procedures set by IRS Publication 1345 (Handbook for Authorized IRS e-file Providers of Individual Income Tax Returns)IRS Publication 1345 (Handbook for Authorized IRS e-file Providers of Individual Income Tax Returns) Confirm your ability to electronically file state and federal data. The Louisiana return is transmitted with the federal return, unless the State Only option is utilized. When transmitting both returns together, it is important to note that if either return rejects, both returns will reject. Transmitting Louisiana Electronic Returns
LDR After Louisiana retrieves the returns from the IRS, electronic acknowledgement is generated for each return and sent to IRS to provide to transmitters. Transmitters should verify that the software includes the state acknowledgement retrieval from IRS. Contact our office, Electronic Filing Help Desk at (225) /2492 if acknowledgement is not received within 3 business days. Acknowledgement
LDR D = Duplicate Return-Error Code 900 Duplicate SSN Return will not be processed Direct Debit Problem Direct Debit problems can be caused by incorrect information on the return, account and/or date. Please review the direct deposit information thoroughly before submitting by verifying taxpayer and account information. Transmittals with these problems will be processed with no Direct Debit. The filer must make other payment arrangements for this return. Error Codes
LDR Imperfect Returns will be accepted by Louisiana. An acceptance code of “E” will be given for these returns. It has been determined that approximately 75% of Imperfect Returns are usually correct. There is no way of knowing which SSN rejected nor for what specific reason. Taxpayer may be requested to submit documentation to verify the information submitted. Imperfect Returns
LDR ITIN/SSN MISMATCH The Louisiana Department of Revenue will accept the following this year: (Individual Taxpayer Identification Number/Social Security Number Mismatch)
LDR Responsibilities Must comply with the requirements and specifications of IRS Publication 1345 and the Louisiana Handbook for Electronic Filers of Individual Income Tax Returns. Must furnish taxpayer with a copy of all completed Louisiana forms and schedules filed for the taxpayer. If used, signed Form LA 8453, state copies of W-2's and 1099's must be retained by ERO for 3 years. Do not mail LA 8453s and W-2s to LDR.
LDR Must ensure electronic returns filed timely. Date returns transmitted to IRS will be considered filing date for LA returns. Must verify taxpayer banking information for direct deposit/direct debit Must check state acknowledgments to verify state portion received Responsibilities (Cont'd)
LDR Common Errors Incorrect taxpayer address Not using most current version of software Not checking acknowledgements to determine whether return received Not including Prepayments, Declaration amounts Transmitting Duplicate Returns
LDR Common Errors (Cont'd) Incorrectly requesting/not requesting direct deposit for refund or direct debit of payment Incorrect bank account information for direct deposit/direct debit Incorrect date and/or amount for direct debit Mailing paper return or LA8453s to LDR Using another taxpayer’s payment voucher (do not make copies) Do not mail LA 8453s unless requested by our office. Do not use another taxpayer's voucher.
LDR LDR Web Filing and Payments Options File returns via web Submit direct debit payments online and specify effective date of payment Submit credit card payments online Individual Income Tax Options Individual Income Tax Return (IT-540), Payment & Extension Check status of Income Tax Refund Refund status telephone number Go to
LDR Web Filing and Payments (Cont’d) Taxpayers who register for web filing online through LATAP – must currently be a registered taxpayer on our records If new user, self-select their login ID and password – will receive authorization code If previous online user, same user ID and PIN will be accepted
LDR Web Filing and Payments (Cont’d) Taxpayers enter tax information and program will calculate return based upon the entries. Upon calculation of the return, the taxpayer has the chance to modify the information or submit it using their Password as their signature. If a balance is due, the taxpayer has the option of submitting the payment and choosing the effective date of the payment.
LDR Web Filing and Payments Cont’d) The program gives the taxpayer a confirmation number for the filing of the return. If a payment request was submitted with the return a trace number is also given to the taxpayer. Once the return is uploaded into our system, the tax preparer can view or amend the return if necessary.
LDR Overview of Business Tax Online Filing Programs The Department of Revenue is currently offering the option of free internet filing for many taxpayers. Access to this program is through a secured environment so that the information that is sent and received is protected from unauthorized access.
LDR LaTAP - Business Tax Options New: Severance G2 and O2 Applications New: Severance G2 and O2 Applications
LDR Business tax online filing via the Department of Revenue’s website is free and secure Parish E-file E-Service help desk should be contacted for problems or questions on Parish E-file. Phone (225) Fax (225) LDR Web Filing and Payments (Cont'd)
LDR LDR Web Filing and Payments (Cont’d) The program gives the taxpayer a confirmation number for the filing of the return. If a payment request was submitted with the return, a trace number is also given to the taxpayer. Once a return is submitted via LDR system, then the taxpayer can view that return, and they can also call it back up and amend it.
LDR LDR Web Filing and Payment Business Returns not on LATAP Withholding L-2/L-3 Tax R Online direct debit payments available for most Business and Individual Income Taxes Online Business Registration Online credit card payments available Severance Oil & Gas O1D, O3, O5, G1D, G3, & G5 Returns
LDR On the horizon for electronic filing… Single Sign-On for business Payroll Information Employer’s Withholding Tax Act 452 required electronically filing January, or more returns January or more January or more January or more January or more
LDR Contact Names and Phone Numbers State Electronic Filing Help Desk For Tax Practitioners and Transmitters Only Telephone: (225) Shanna Kelly/Kathleen Parker Telephone: (225) /2492 addresses: Fax Number: (225)
Louisiana Department of Revenue Contacts Fed/State E-Filing Program (225) Stacy Garrett (E-Services Manager) Travis Fossett (Electronic Filing Coordinator) Substitute Tax Form Acceptance (225) Fay Guidry Personal Income Tax (225) Forms Request (225) Telecommunications for the Deaf and Disabled (225) (TDD)
Updated information will be posted as available.
LDR District Offices Effective August 15, 2010 the regional offices will be collapsed into three districts, North, south, and New Orleans. Southern District (Baton Rouge, Lafayette & Lake Charles) One Lakeshore Dr,1550 Lake Charles New Orleans District 1555 Poydras St, 2100 New Orleans Northern District (Alexandria, Monroe & Shreveport) 900 Murray Street Room B-100 Alexandria, LA