Monday, March 26, 2012

Corporate e-file way up

The number of corporate income tax returns filed electronically so far this season is up 83 percent over last year, according to new figures from the Rhode Island Division of Taxation.

The Tax Division has also received the first e-filed corporate return that includes a Schedule CRS, for combined reporting. (This is the first year in which a corporation that is part of a unitary business under common ownership must file a pro forma report for the combined group, to include the combined net income of the combined group.)

Filing season 2011
Filing season 2012
E-filed corporate tax returns
+ 83.2%
        Cumulative figures for filing seasons through March 26 for returns e-filed on Form RI-1120C and Form RI-1120S.