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Release notes

1040 Individual 24-4.8F

Pending releases

Release date: 05/16/2025
Form 3800
 is released with the following limitations. E-file is available for Form 3800 if Part VI is not used in a return.
  • Calculation carryover revision: For 2025 we are pulling in prior year suspended losses into Parts IV and VI from Form 8582-CR. The carryover schedules will only be used for non-passive carryovers. If your carryover schedules include passive numbers from the prior year that are covered by Form 8582-CR prior year-suspended losses, you will need to make an adjustment so the amount is not doubled.
  • There is a hyperlink on top of pages 3-9 that will take you to workpapers where you can override for parts V and VI.
    • If there is a single row on the grid, the credit won’t print on parts V and VI (instead it goes directly to parts III or IV)
    • If you add a line be sure to include the Line Number since it's the line number field that determines if data transfers to parts V and VI or straight to parts III and IV.
State forms currently under development:
  • California, Multiple Form 568 LLC e-file is available. However, the functions to e-file multiple 568 LLC extension and estimated returns are under development.
  • Montana, Annualized Income Installment Method.
  • Oregon Counties, Filing instructions for OR-TM, and MultCo Preschool.

Federal

We updated or addressed the following:
The
Federal payment/deposit information report
 shows refund mode as a check for some of the New York amended returns.
MACRS Depreciation
: We corrected an issue where the automatic determination of convention was not correct when bonus selection was prior year 80% for assets placed in service in 2023.

State

We updated or addressed the following:
Alabama
: Updated Schedule B Interest and Dividends so that Resident % flows from Organizer to Interest and Dividends.
Kansas
: Updated Financial Transactions to generate Estimated Payments to the efile when nothing is Due/Refund.
Michigan Cities
: Addressed an issue where the footnotes for common form cities were not printing when a locator included multiple CF-1040 returns.
Oregon
:
  • Updated the rates of the Underpayment calculation for Form OR-10.
  • Updated the Net Tax Rate for Form OR-TM.
Philadelphia LAFI
: Updated the SIT E-File filing instructions.
Philadelphia
: Updated the BIRT E-File Signature Authorization print.
Washington
:
  • Added text to the Capital Gains Payment activation checkbox and severe diagnostics to help prevent duplicate payments.
  • Updated the Organizer fields for the WFTC Qualifying Child Information.

This article applies to:

  • PRODUCT: GoSystem Tax RS
  • Return type: 1040 Individual
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