1041 Fiduciary 25-5.5F
The following information is a summary of the new forms, features and resolved issues on this release.
Pending releases
Release date: 06/24/2026
1041 Allocations
- We updated K-1 package to add the options to exclude OR and RI state K-1.
Federal enhancements
:- Form 5227 - We updated the Elections and Footnotes when printing for Form 5227.
- We have updated the underpayment interest rate for the third quarter for 7/1/2026-9/30/2026 to 7%.
- 990T Amended Late Filing Penalty Override option
State enhancements
:We added the following forms and schedules:
California
:- 990T California: We have updated the print for Schedule D Name and EIN
- We updated California schedule D and schedule D-1 with gains from K-1 fields
Illinois
:- Selective Print updated to include Form IL-477
Iowa
: - IA 1041 K-1 Part II: Nonresidents beneficiary share of Iowa Source to flow automatically
Maryland
:- Selective Print updated to include Forms 504CG and 502S
- We have updated the calculation for Form 504 Schedule K-1, Page 2, Line 9, columns (2) and (3)
Massachusetts
:- We have updated the computation of Form 2 Schedule B line 21b and corrected the reject diagnostic related to it
Minnesota
:- We added Form M100e: Request for Copy of Tax Return - Estates
New York
:- We have updated the underpayment interest rate for the third quarter for 7/1/2026-9/30/2026 to 9.5%.
Pennsylvania
:- Add option to force print estimated payment amounts on 5227 return filing instructions
