2023.032 release information

1065 Partnership

Release date: 03/08/2024
Form 7205
, Energy Efficient Commercial Buildings Deduction is pending release.
We released an excel template for
Form 1042
and
1042-S
.  The excel template uses the Tax Return Import method and an API call to complete the import. You can download the templates for 1120 and 1065 on the File downloads page.
1040 and 1041 filers can use either the 1120 or 1065 tax application to e-file the forms as long as you have an EIN number. The IRS does not support SSNs in those schemas for the withholding agent(s).

Arkansas

The following items are still pending for
AR1100
, Page 4, Section C, line 3.

Nebraska

The following forms are pending development:
Form 1065XN
and
Form 1065N-ES
.

Oregon

The following forms are pending for future release:
OR-QUP-CAT

Federal

In Organizer, for Foreign Information, Ptr Distributive Share-International, on the
K-2,K-3 Activation and General Info
, we removed the override fields for applicable Parts of Federal Schedule K-2 for tax year 2023 for 1065 tax returns.
The same is true for the respective federal
Schedule K-3 override
fields on the Partner Information Organizer screens. These fields were in the tax year 2022 tax application because at the start of the 2022 tax year there was still some uncertainty on whether the IRS would allow Schedules K-2 and K-3 to be PDF e-filed. The IRS decided to
not
allow PDF e-filing for tax year 2022 and only allowed xml e-filing. Thus, for tax year 2022 we added CAUTION within the tax application to not use these fields for XML e-filed returns. For tax year 2023, we removed these Organizer fields from the 1065 tax application because these fields on the Tax Forms are automatically determined and cannot be overridden. For tax year 2023, you can
e-file an XML Schedules K-2 and K-3
. You
cannot e-file a PDF for Schedules K-2 and K-3
.
We modified data transfer from the
Form 8879-PE
Organizer to the signature date field.
We corrected
Form 8283
, Page 1, Part 1, Column 1 formulas and field attributes.
We updated
FINCEN 114
dropdown menu selections for Part V, Line 23.

Arkansas

We updated the print requirements hyperlink for Arkansas forms.
We added forms
AR1100REC
and
AR1100BIC
.
We added full functionality for
Form AR1100
, Page 3, lines 5, 15, and 18.

California

We corrected the print for Form 565, Side 6, Schedule M-2, line 3.
We modified the print for California 3804, Page 2.
We modified the print for Form 568, Schedule R, Side 3, Part A Total Sales, Column B.

Idaho

We changed Form PTE-12, Column D and E tax rates to 5.8%.
We updated the flow of data for
Schedule K-1 line 57
.

Illinois

We modified Schedule B, Section B, Column C for partners who previously filed their FEIN as FOREIGNUS.
We corrected the calculation issue for Form IL-1065, Page 3, Line 62.

Indiana

We added an organizer override for PTET tax amount.

Kentucky

We created a new 740-PTET checkbox in the organizer.
We altered the calculation for PTET-CR, line 6 for resident and nonresident partners.
We altered the logic for Form 8879(C)-K, Page 1, Section F so that it doesn't populate when 740-PTET is suppressed.

Nebraska

We updated the print reference for the 2022 amount from Schedule PTET, line 2 statement detail.
We corrected the partner type checkbox activation for Schedule K1N.

New Jersey

We updated computations to transfer data from Schedule A to NJ-1065, lines 1 to 11 for tiered partnerships.
We corrected the print for separate accounting type on NJ-1065, Schedule A, Part 2.
We modified the e-file schema to prevent the validation error NewJerseyPercentages.

New Mexico

We added organizer fields for Page 1, line 17.
We corrected the issues with diagnostics pertaining to routing number and bank account if a payment due was generating in the e-file.
We turned off the diagnostic that previously ensured that the RPD-41367 and PTE were not simultaneously filed.
We updated the computation on PTE Line 37.

Ohio Cities

We corrected the print alignment for Columbus BR-25, Page 1 checkboxes.

Oregon

We corrected an issue in the e-file schema that caused short year validation errors.
We added partner name bookmarks have been added to the OR-21-K-1 and OR-19-AF.

Pennsylvania

We updated print for the Federal Form 1065 copy that accompanies state forms.

Vermont

We updated various formulas and logic for VTK-1.
We corrected the logic on BI-471, Page 2, line 11 to flow information from WH-435.
We modified calculations to suppress BI-471, line 2A & 2B if the taxpayer is filing a composite return.
We updated computations for Schedule VTK-1, Part II, Line 1 to include special allocations.

Virginia

We corrected various print issues on
Form 502
, Page 1;
Form 502A
, Sections B and C; and
Form 502
PTET, Pages 1 and 2.

1120 Corporate

Release date: 03/08/2024
We released an excel template for
Form 1042
and
1042-S
.  The excel template uses the Tax Return Import method and an API call to complete the import. You can download the templates for 1120 and 1065 on the File downloads page.
1040 and 1041 filers can use either the 1120 or 1065 tax application to e-file the forms as long as you have an EIN number. The IRS does not support SSNs in those schemas for the withholding agent(s).

Letters and Filing Instructions

We updated print for summary letters.

Federal

We updated print for
Form 1118
, Schedule L to include 7th relation back year, all baskets.
We updated
Form 1042-S
Organizer Columnar Entry Exemption Codes.

Arizona

We corrected the print for Form 100S, Page 3, Schedule F.
We corrected the computation for Form 120S, line 23.
We corrected the Form 204 checkbox print alignment.

Arkansas

We updated Form AR Corporation Franchise Tax Report 2024 to include the new Secretary line item. We also corrected the description alignment.

California

We added Form 540NR, Side 6.
We added print for Form 3893.

Georgia

We corrected the print for Form G-2A.

Indiana

We corrected the computation for Form IT-20 Schedule Composite, Column G.
We corrected the print for Form IT-8879C.

Iowa

We corrected the calculation for Form 1120S, Page 4, line 42.
We corrected Form 1120S, Part 6 so that it's suppressed if the PTET checkbox is not selected.

Kansas

We added back Kansas Form 1120 address information to the e-file and Tax Forms view.

Maryland

We added print for Form 510, Page 3, signature of preparer.
We updated e-file diagnostic Form500-01391-011 so that it generates only when needed.

Minnesota

We corrected the computation for Schedule KS – S, Page 2, line 30 so that it populates.
We corrected Schedule PTE, Page 1, line 15 so that it populates with a dollar amount instead of a percentage amount.
We updated the e-file so that diagnostics M8-0802, M8-0840 and M8-0841 generate only when needed.

Missouri

We added the credit code BPT to MO-TC.

Nebraska

We updated Form 1120SN, lines 6-12, so they are blank when option 5 is not selected.
We added signature print to Form 1120N.
We updated 1120-SN, Schedule II and Schedule PTET, so that the e-file diagnostic SPTET-0001 doesn't generate due to rounding.
We updated 1120-SN, Schedule PTET, so that the shareholder detail prints if there are more than 13 shareholders.

New Jersey

We corrected the Schedule O federal column in the e-file.
We added an Organizer field for CBT-100U, Page 2, Part II, Column 3.
We corrected the computation for CBT-100U, Page 9, Part II, line 23.

New Mexico

We corrected S Corporation e-file so that the elements OrganizedDate and BusinessBeginDate have the correct format in the XML.
We corrected the computation for Form S-Corp-D, line 8.

Ohio Cities

We corrected the computation for Cincinnati Business Return, Page 1, line 4a.

Philadelphia

We updated BIRT NTL so that signature information prints.

Tennessee

We corrected the e-file so that diagnostic TN170-004 doesn't generate when not needed.
We corrected e-file diagnostics so that rules TN-170-004 and TN170-006 generate only when needed.

Utah

We corrected the TC-20S Schedule N whitepaper heading to reflect the correct percentage of income.

Virginia

We corrected the Form 64, Schedule CR alignment and print.
We updated the print alignment for Form 500, Page 1, Final Return section.
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