Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

Release notes

1040 Individual 24-5.5T

Pending releases

Release date: 06/24/2025
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.
  • Delaware: Updating the formula on line 11.
  • Montana, Annualized Income Installment Method.

Federal

We updated or addressed the following:
Form 1040
: Updated the e-file diagnostic F1040-065-05 Per the new IRS update.
Form 8615
: Resolved the issue where Form 8615 was generating on a 1040-NR Estate/Trust return.
Form 4255
: Corrected the print alignment on Page 3.
Form 7206
: Corrected the computation on line 4 so that negative numbers can't flow to the line due to the IRS schema requirement.

State

We updated or addressed the following:
Hawaii
: Added the breakdown of calculations for Additions and Subtractions to Federal AGI.
Indiana
: Updated the breakdown of calculations for Form 39R.
Maine
: Updated the breakdown of calculations of Additions and Subtractions to Federal AGI.
South Carolina
: Updated the Tax Table - Due $3 discrepancy for income less than $17,350.

This article applies to:

  • PRODUCT: ONESOURCE Income Tax Express RS
  • Return type: 1040 Individual
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close