1120 Corporate 24-4.2F

Pending releases

Release date: 04/04/2025

State

We updated or addressed the following:
Colorado
:
  • Corrected the print for Colorado Form DR 1370 when it's activated in the Organizer.
  • Updated the computation for Colorado Form 112, Page 2, line 16a so there is a blank when no NOL’s are entered before 2018.
District of Columbia
: We corrected print for District of Columbia Form D20 Combined Schedules where >2 entities in consolidation.
Kentucky Cities
: Corrected Louisville Rule 13 047: Taxable income (OL-3, line 9) is not equal to Federal Form 1120, line 30 or Federal Form 1120S, line 22 so it triggers.
Maine
:
  • Updated the field entity for Maine Form 1120EXT-ME Extension Voucher Corporation Name, Address Populate, and Print.
  • Updated Maine Form Schedule 3P, lines 15 and 17.
Minnesota
:
  • Corrected Minnesota M4T, line 16.
  • Updated the rule for Minnesota M4-0410-1: M4, line 1 must equal the sum of all M4T, line 27.
Montana
: Updated for Montana CIT, Page 13, Print 2023.
Nebraska
:
  • Corrected Nebraska 2220N reject Code F2220N-0001, so it's valid.
  • Corrected the computation for Nebraska NOL Worksheet, NOL Carryforward so it totals properly.
North Carolina
: Updated North Carolina Form CD-429 PTE Est, line 10.
Pennsylvania
: Corrected Pennsylvania Schedule NRK-1, line 6.
Utah
: Corrected Utah TC-20S, Tax Return Schedule J, Pg 2, line 9.
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