1041 Fiduciary 24-7.7F

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  • Get the latest on open issues by reviewing Alerts and notices.
  • Find the availability of the state releases in the Home screen, in Forms Availability.
  • New York
    : There is an informational diagnostic to alert preparers to a possible rollover issue with prior year estimates paid in the current year. Verify that the amount rolled over from prior year estimates paid in the current year doesn’t include a 2022 overpayment from the 2023 return. Use this query for 2023 1041 to identify potentially affected returns.
    For the 2024 return, go to Organizer, select
    States
    New York Payments
    . In the Estimated Tax section, enter the correct amount for the
    Prior Year Estimates Paid
    in the current year.

Pending releases

Release date: 11/21/2025
E-filing forms not available on this release:
  • Form 8933 - Section 45Q carbon oxide sequestration credit
  • Form 1042, 1042-S, and Schedule Q aren't available for 2024.

Federal

We updated or corrected the following:
Form 1041:
  • Form 926 Part II, line 5a now prints the Identifying number.
  • Corrected the F4720-003 diagnostic.
  • Updated the QBI adjustment to hide
    Exclude subunit adjustment
    checkbox when you select it.
Schedules C, E, F, and 4385
Updated Schedule E line 24 to show the total income.

State

We updated or corrected the following:
Montana
: Corrected print for typed signatures on Form CIT.
Nebraska
: Updated the calculation with the 4 decimal place ratio for the 1041 Nebraska ESBT worksheet on line 18.

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