1040 Individual 25-4.8F
The following information is a summary of the new forms, features, and resolved issues on this release.
Open
- Form 4562: New depreciation calculations for 50 year MACRS and ADS are not yet completed
- Form 4562: Support for Section 174 changes as part of the 2025 OBBBA legislation are still under development
- Form 8821: Print for this form is still under development
- Form 8824: The new elements added for e-file are under development.
- Form 1040-SS: Letters and Filing Instructions and E-file of this form are still under development.
- CA - Form 3541 is still under development
- MI Cities - We are currently developing Form CF-2210.
- OH School District - We are currently developing the ITSD 2210 for Ohio School Districts
- TN - Binary Attachments are currently under development.
Federal
We updated or addressed the following:
- Form 1045: We resolved a print issue for the new bank information added to the form
- Form 8867: We resolved a print issue where the Tax Year was missing.
State
We updated or addressed the following:
- RI - RI-1040NR - We have solved the Income Tax Return/Page 1/line 15b hyperlink Line 14b calculation issue.
- DC - We have updated the D-40 Line 27e Worksheet.
- KS - K-91 - We have updated the Form K-91 Formula.
- KS - Sch S - We have updated the Lines A5 and A19, Form 200.
- NY - We have updated the Form IT-112-R, line 24b to bring the data override from Organizer field.
- OR County - We have updated the PIT-V payment type.
- OR County - We have updated the interest rate for Metro & Preschool.
- PA BIRT & NPT - We have update the calculation when Allowable Federal Loss is Applied.
- SC1040 - We have updated the Page 2, Line e calculation.
