1041 Fiduciary 25-5.2F
The following information is a summary of the new forms, features, and resolved issues on this release.
Federal
We updated or addressed the following issues:
- We fixed Schedule D tax calculation to trigger when Form 990T has qualified dividends only and no other capital gains.
- We have updated the paid preparer's foreign address so it now populates correctly on Form 1041, page 1.
- We corrected Form 990T Schedule A Post 2017 NOL Tracking Calculation.
- We removed the extra space from Signer's Name under Signature Block Options.
- We updated 990-T Page 2 part III Q3 interest rate.
State
We updated or addressed the following issues:
- 1041 California 990T: We have added Business Rule F109-075 addressing Form 109, Page 1 Question K.
- 1041 Illinois: We have updated Schedule D, page 2, line D to ensure the correct amount is calculated for nonresident beneficiaries.
