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7 E-filingThis chapter provides an overview of the e-filing process and outlines procedures for:• Setting up an e-filing account• Testing your e-filing system• E-filing a tax return• Reading acknowledgment codes• Preparing and processing loan checks for bank productsDrake tax software incorporates IRS regulations where feasible to ensure that returnsare e-filed correctly; however, as a tax preparer, you should be well-versed in the IRSrules and processes. Before tax season begins, all tax preparers should:• Consult IRS Publications 1345 and 1346 for information on the processes, laws,and regulations for e-filing income tax returns• Know the applicable e-filing and banking requirements• Consult bank handbooks and brochures regarding bank products_NOTEA detailed flow chart showing the e-filing process as it occurs formost tax preparers is included in Appendix B.Preparing to E-FileIn order to e-file tax returns, your firm or office must be an Electronic Return Originator(ERO) and have an Electronic Filing Identification Number (EFIN). ERO andEFIN information must be entered in Setup > ERO before a return can be transmitted.Tax Year 2008 179