Multiple Tax Return Listing for Form 1041
Form 1041 Multiple Tax Return Listing Process Change Postponed to January 1, 2015.
As part of a regular review process, the IRS has determined that the Multiple Tax Return Listing (MTRL) process used to sign electronically filed Form 1041, U.S. Income Tax Return for Estates and Trusts, must be modified. Beginning Jan. 1, 2015, the IRS e-file Signature Authorization document, Form 8879-F, can only be associated with a single 1041 return, not with multiple forms as used today. The MTRL process, as it is currently implemented, will continue for 2014.
In December, the IRS had announced a change to the MTRL process for this filing season. However, the agency is delaying the change for one year.
This change is required for two reasons following additional legal review by the IRS. First, the perjury statement on the form refers to amounts in Part 1 of the form and the relevant amounts are actually on the attached listing. Second, a signature on one form cannot ensure that the signer reviewed and approved each of the Forms 1041 in the listing.
The following publications will be updated to reflect the policy change:
- Publication 1437, Procedures for the 1041 e-File Program U.S. Income Tax Returns for Estates and Trusts for Tax Year 2014
- Publication 1438, File Specifications, Validation Criteria & Record Layouts for the Form 1041, e-File U.S. Income Tax Return for Estates and Trusts for Tax Year 2014
- Publication 4163, Modernized e-File (MeF) Information for Authorized e-File Providers for Business Returns
- Publication 4164, Modernized e-File (MeF) Guide for Software Developers and Transmitters
The IRS recognizes this change due to the legal requirements will add additional steps for some fiduciaries. The IRS will consider alternative signature methods and will work to make the change as smooth as possible.