Can I File a Superseding Return?
Every partnership should consider filing an extension request as a best practice, even when timely filing its return, so that it has the option of filing a superseding Form 1065 and Schedules K-1 up to the extended due date of the return, if needed, rather than having to rely on an amended return or AAR to make changes …
When do you have to file a superseding return?
If the superseding return is filed on or before the original due date, it is deemed filed on the last day prescribed for filing. See IRC §§ 6501 (b) (1) and 6513 (a).
How is a superseding return different from an amended return?
A superseding return is different from an amended return. It is a second return filed before the originally filed return’s due date, including extensions.
How do you supersede a corporate tax return?
The superseding return is a simple and fast solution for a previously filed corporate return. Add the new data, check the box marking the return as superseding and electronically file. Individuals file an amended return for the same result, which must be mailed.
