1041 Fiduciary 23-6.6F

Pending releases

Release date: 9/06/2024
We added a new counter field for
Form 4684
, Page 1, HRB project.
We added
Iowa opt out e-file
form to Tax Forms and corrected print alignment issues.
We added
Oklahoma opt out e-file
form to Tax Forms and the print tree.
We added
Illinois Form 1041
  Business rule IL1041-3002.

Federal

We updated the calculation of the
NOL taxable income
limitation to exclude the charitable deduction and the deduction for distributions.
We modified the
foreign dividend detail on statement
which supports Form 1041, Page 1 (alignment issue for 'TOTAL').
We updated the
QBI XML worksheet
to correct the QBI income adjustment computation.

State

New Jersey:
  • We corrected a New Jersey issue which caused nonresident beneficiary source income not to compute in non-ESBT irrevocable returns.
  • The New Jersey schema now includes TaxPaidPartnership for each grantor on Schedule B.
  • We corrected a New Jersey grantor return issue which caused only the total partnership tax withholding to appear on Schedule B instead of including amounts for individual grantors.
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