2023.092 release information

Pending releases

Release date: 9/06/2024

1065 Partnership

Nebraska
: Form 1065XN and schedules are pending development.

Federal

We released an Excel template for
Form 1042
import and API. You can download the templates here by going to the main landing page for your product and selecting
Data imports and exports
.
We updated the
K-1 Transfer
program to allow for the transfer of K-1 information from accounts residing under the same firm account. If the locator is under a different firm account, you need to move it to the target’s firm account. You also need to open and close all source returns once after this release to enable the transfer. The returns don’t need to be calculated, they just need to be opened and closed once to facilitate the transfer.

State

Hawaii
: We updated the calculation on Schedule P.
Illinois
: We corrected the tax form view for
Form IL-1065-X
, Steps 2-9, Columns A & B.
Minnesota
: We added aggregation function for
Schedule PTE
, Page 2, Part 2 Credit Distribution Details.
New Jersey
: We updated the e-file schema for
NJ-1065, Schedule A
, Part II and III.
Ohio
:
  • We updated the suppression function for
    Forms 1140, 4708, 4738
    to exclude K-1 and investor information.
  • We added letters and filing instructions for
    RITA
    .

1120 Corporate

Federal

We corrected the computation for
Form 3800, Page 2, line 22
.
We corrected
Form 3800, Page 8, Part VI, line 2m
so the details flow from the Organizer.

State

Alabama:
We updated the Alabama payment/deposit report to exclude business privilege tax due amounts of $100 or less.
California:
We updated California Form 568, Side 5, Sch K, Deductions section.
Indiana:
We corrected Indiana Form IT-20, Page 2, line 23 detail statement print.
Michigan:
We corrected the Michigan Common Cities Form CF-1120, Page 1, line 17 description.
Mississippi:
We corrected Mississippi consolidated member Form 4562, Page 1, line 19e and 19f print in column (g).
Montana:
We corrected Montana Form PTE, Page 1, Date of Registration and Date of Incorporation so that the fields populate with the correct information from the organizer.
Nebraska:
We corrected the top consolidation computation for Nebraska 1120N, Sch III, Column C.
New Jersey:
  • We corrected the e-file for New Jersey CBT-100U, Page 4, Sch CG, Part VI, Section A and CBT-100U, Page 24, Sch 500U, Section A, line 6.
  • We corrected the computation for New Jersey Form CBT-100S, Page 14, Schedule R, line 8.
  • We updated the computation for New Jersey Form CBT-100U, Page 23, Schedule S, Worksheet II Federal Depreciation so that it considers special depreciation.
  • We corrected the computation for New Jersey Form CBT-100S, Page 1, line 12.
South Carolina:
We updated South Carolina Form 1120S Page 4 Schedule H-2 so it prints at the topcon.
Tennessee:
We updated Tennessee Consolidated Schedule 170NC Member Apportionment Detail so that it includes lines 11, 12 and 13.
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