Process for Finalizing Form 5227/ 1041s

Filing Form 5227 and Form 1041 together within a fiduciary return requires careful sequencing and coordination. The following best practices outline the steps for accurate and timely electronic filing.

Overview

Best Practice: Electronically file Form 5227 within the fiduciary return, along with Form 1041.
Important Notes: Both forms cannot be exported at the same time. The export, transmission, and acknowledgment of one form must occur before the other is uploaded and released.

Step-by-Step Process

Export and print Form 5227
1. Begin by exporting Form 5227
2. Print the Client Copy and E-File Authorization Form for Form 5227
Export and print Form 1041
1. By default, the system will export Form 5227. To override this, apply the following inputs:
  - Interview Form EF-2, Box 91: Enter code ‘1’
  - WSV General > Electronic Filing > General > Line 28: Select “Force 1041” as the return type for export.
2. Print the Client Copy and E-File Authorization Form for Form 1041
Ensure barcoding on each piece is correct and matches the unique Job IDs for Form 5227 and Form 1041.
Staff completes Finalization Process, including filling out delivery information.
FORWARD job to Partner and advance the workflow status to SIGNATURE REVIEW.
Once Signature Review is complete, send an email to the Tax Processing team indicating that Form 5227 with Form 1041 is ready for processing.
FORWARD job to Tax Processing and advance the workflow status to SIGNED TO TAX PROCESSING

E-Filing Form 5227 and Form 1041

Client Service Team will track the signed E-File Authorization Forms
Once the signed Form 1041 E-File authorization is received, Client Service Team will:
1. Verify Form 1041 was successfully exported and accepted.
2. Instruct the Job Manager to export Form 5227.
3. Notify Tax Support that Form 5227 is ready for release.

The system should automatically allow Form 5227 to be released once the signed authorization is received.