1041 Fiduciary 25-4.5F
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 have updated Form 8960, line 4 to include farm income/loss from Schedule F and to exclude the NII portion of Schedule F income/loss from line 7.
State
We updated or addressed the following issues:
- 1041 California: We corrected an issue causing California estimates second and fourth quarters to ignore rounding input
- 1041 California: We have added a checkbox in the Form 3804-CR organizer screen to "do not allocate PTE elective tax credit to the beneficiary"
- 1041 DC: We added support for the Common State bonus depreciation checkbox for DC
- 1041 Hawaii: We added Hawaii support for Common State depreciation checkboxes to for the state to conform to bonus depreciation
