Federal/State Filing Program for 1041 e-file
Currently New York is the only state participating in the Federal/State Filing Program. Submission of Federal and State returns, at the same time through the Federal/State filing program is also a great benefit. This joint filing option benefits the states, banks, Software Developers, Return Transmitters and Authorized IRS e-file Providers because the Form 1041 can contain several thousands of Schedules K-1. Electronic filing saves time, reduces the filer’s burden and offers one-stop preparation and filing.