1120 Corporate 25-4.6F
The following information is a summary of the new forms, features, and resolved issues on this release.
Pending releases
Release date: 05/01/2026
Federal
We updated or addressed the following:
- The rate calculation for Part II, Section 2, Line 7 of Federal Form 7213 (Do You Qualify for Exemption from Withholding?) has been updated to reflect current tax year requirements.
State
We updated or addressed the following:
- Colorado: An issue was identified where Line 1 of Colorado Form DR 112CR was not correctly picking up the tax liability from DR 112X Line 19 when an amended return was activated. The form now properly references the tax liability from the amended return (DR 112X Line 19) when applicable. This issue has been fixed.
- Kentucky: An issue was identified where Line 26 on Page 2, Part V of the Kentucky Form 4562 (Depreciation and Amortization) was not printing correctly in 1120 returns. This issue has been fixed.
- Virginia: An issue was identified where Line 28 on Page 2, Part V of the Virginia Form 4562 (Depreciation and Amortization) was not printing correctly in 1120 returns. This issue has been fixed.
