1041 Fiduciary 24-5.4T

Pending releases

Release date: 06/17/2025
We added the following forms and new features:
Form 8865
, Return of U.S. Persons With Respect to Certain Foreign Partnerships and all Schedules and Forms included under the 8865, is available with the following limitations:
  • Form 8865, all schedules, and forms included under the 8865 aren't available for e-file for this release.
  • The following forms under the 8865 are not available within the tax application yet:
    • Form 3468, Part V: Only applicable to returns ending in 2025
    • Schedule K/K-1 Line 15 Codes S, W, and X and Line 20 Code AV (applicable to tax years ending in 2025)
Federal forms not available on this release:
  • Form 7211, Clean Electricity Production Credit
  • Form 7218, Clean Fuel Production Credi
  • Form 8933, Carbon Oxide Sequestration Credit

Federal

We updated or corrected the following:
  • Form 1041
    federal e-file with the latest schema version 2024v4.0.
  • Form 5227
    , updated the statement logic for Unitrusts, Page 7 line 6 for Additional Contributions Received during the current tax year.
  • Form 3800
    , Part IV, Column (g) updated the calculation to flow the correct amount.
  • Tax exempt income statement
    updated so that it will only be printed when the tax-exempt income is present.
  • Compute QBI
    adjustment updated.
  • Form 1041
    print node file updated to print redacted in K-1 package.
  • Form 926
    Page 3 Part IV line 16b updated to show as a percentage (%).
  • Form 926
    Page 1 Part II line 6 updated to print foreign address.

State

We updated or corrected the following:
California
:
  • Form CA-541A updated tax form fields for Page 1.
  • Whitepaper for the CA 541-B Page 4 updated for balance sheet detail for other liabilities.
  • Form 1041 CA 541B updated the see statement print for Part 1 Section D, Charitable Deduction.
North Dakota
: Form 1041 ND Grantor Trust updated the print for Schedule BI on Page 3.
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