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1040 Individual 25-4.2F
The following information is a summary of the new forms, features, and resolved issues on this release.
Pending releases
Release date: 04/03/2026
Open
Federal forms under development:
- 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.
State forms under development:
- Arizona: Form 140X
- California: Form 3541
- Maryland: Form 502SU, line cc is pulling Form 500DM line 1 instead of line 2
- Michigan Cities: Form CF-2210
- New York: Newly added Credit Forms Statement print.
- Ohio School District: Form ITSD 2210 for Ohio School Districts.
- Tennessee: Binary Attachments.
Federal
We updated or addressed the following:
- 2026 Estimated Tax Worksheet, Line 2a: Resolved an issue where itemized deductions SALT adjustments were being limited.
- Form 14039: Updated.
- Form 1116: Corrected e-file reject diagnostics that displayed incorrectly for returns requiring Form 1116 AMT with carryover credits.
- Form 3520-A: Resolved an issue where Page 5, lines 4d and 4f were not printing in certain locators.
- Form 4136: Corrected an issue that caused an erroneous validation error in certain scenarios for General Dependency Small.
- Form 8960: Updated to add farm income to line 4a.
- Federal Reject Code F5471-076: Resolved.
- Federal Validation Error FunctionalCurrencyCd: Resolved element name error onIRS8621.
- Schedule C: Updated to add the 1099-K Box 1 amount to Schedule C, line 1.
State
We updated or addressed the following:
- California:
- Schedule CA (540NR), Page 1, Part II, Section A, line 3 – Ordinary Dividends, Column B – Subtractions: Removed U.S. Bond Interest from Ordinary Dividends on 1099-DIV and Schedule K-1, as it is already included on Line 2, Interest.
- Form 568, Page 3: Updated form and print alignment for Item KK and below.
- Form 8453-LLC: Updated to print as long as e-file is enabled, due to the electronic signature option not being available for CA LLC 568 returns.
- Form 568 Filing Instructions: Updated to reflect Direct Debit verbiage.
- Colorado: Updated the safe harbor percentage calculation in Organizer.
- District of Columbia: Updated the standard deduction for the filing status of Dependent Claimed by Someone Else for Form DC D-40, Page 2, line 18 for part-year residents.
- Georgia:
- Based on recent Georgia Software Vendor communications, the state continues to apply its existing state-level SALT deduction limitation for tax year 2025. Georgia does not conform to the federal SALT adjustment limitation.
- Added a new Georgia SALT Deduction Limitation Adjustment checkbox for Form 500/500X, Line 12b under Organizer. This checkbox is selected by default in the system.StateGeorgiaReturn Options
- Updated the related worksheet to reflect this selection.
- If a return was prepared and filed in a prior version of the product, users may clear this checkbox to revert to the previous calculation before these changes were implemented.
- Indiana:
- Updated the 2026 quarterly estimated tax dates in the system.
- Updated the 2026 estimated tax payment requested date in electronic filings.
- Iowa: Updated 1040 Iowa Form 134 S Corp Apportionment Credit print.
- Louisiana: Updated filing instructions for extension payment.
- Massachusetts:
- Schedule D, line 2: Updated to include Coin Base capital gains reported on Federal Schedule D, Line 9H.
- Schedule HC Organizer: Updated calculation for mandated months.
- Maryland:
- Form 505, line 31a: Resolved an issue where the field incorrectly populated capital gain income subject to additional tax when federal AGI is below $350,000.
- Form 502SU, Line cc: Resolved an issue where the field pulled the amount from Form 500DM, line 1 instead of line 2.
- Michigan: Corrected an e-file validation error related to the tax year ending date on Form 6072, which occurred when filing an FTE tax refund without claiming an FTE tax credit.
- Montana: Updated the calculation for Form 2, Page 1, Line 24.
- North Carolina: D-400, Page 1: Updated the checkbox to authorize North Carolina to discuss the return with the paid preparer.
- New YorkUBT: Resolved an issue where the print detail for NYC-399Z, Section A2 SUV depreciation was not generating.
- OhioColumbus – Extension Voucher: Resolved an issue where the Columbus Extension Voucher was not available.
- Oklahoma:
- Schedule 511-B, line 1: Corrected an issue where the detail was printing duplicate amounts.
- Form 579: Corrected an issue where the form was printing when it was not activated.
- Oregon:
- Form OR-A, Line 9: Added the SALT Phasedown worksheet.
- OR County – OR-TM: Resolved thePaymentReasonCdelement name issue.
- OR County (Metro) – Filing Instructions for Quarterly Estimated Tax Payment: Updated to reflect overpayment carryforward.
- Pennsylvania: Schedule GL: Updated the form image for Spouse.
- South Carolina: Page 2, Line e and SC1040ES: Updated Surviving Spouse SSN.
This article applies to:
- Product: ONESOURCE Income Tax Express RS
- Return type: 1040 Individual