Partnership taxpayers can electronically file now use the modernized e-File platform when filing Form 1065, “U.S. Return of Partnership Income,” and Form 1065-B, “U.S. Return of Income for Electing Large Partnerships.”
Since the 1986 tax year, the Internal Revenue Service has offered electronic filing of Form 1065 -- but the modernized platform makes use of Extensible Markup Language. The format change will allow users the additional benefits of transactional processing instead of batch processing, allowance for binary file attachments, elimination of the duplicate filing of international returns and a federal/state partnership program.
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