2023.061 release information
tip
- Get the latest on open issues by reviewing Alerts and notices.
- Review the status of 1065 federal forms.
- Review the status of 1120 federal forms.
- Go to file downloads for DK-1 workbooks and other files such as Form 1042 templates.
- Go to the Home screen, Forms Availability to see the availability of state releases.
Pending releases
Release date: 6/07/2024
Domestic Income Tax
Resolved foreign entitiy issue: Before the 2023.055 (5/24/2024) release, the application transferred earnings after foreign income taxes to the tentative taxable income amount on line 6 and then included the foreign income taxes as an addition on line 13 (other additions).
The result of this process was that adjusted taxable income (ATI) did not include foreign income taxes.
We updated the application in the 2023.055 release to exclude foreign income taxes from line 6 but didn't remove it from line 13. We updated the application so that foreign income taxes are now excluded from both lines 6 and 13.
