2024.025 release information

*Entity Type, *Return Type, *Company Name, Company Name Line 2, Company Number, Street Address, City, State, Zip/Postal Code, Country, Province, Federal Employer I.D. Number, Fiscal Year Beginning Date, Fiscal Year Ending Date, Date of Incorporation/Date Business Started, Incorporation State, International Filing Type, International Div Con Data Entry Level, International Div Con Intercompany Data Entry Level, Binder Name, Binder Year, and Reference ID Number.

Connecticut
PTE forms.
Delaware
: Updating e-file for the composite return.
Oklahoma
561-PTE and 561-P for tax forms, e-file and print.

Various calculations on Page 4 and Page 1 of the AR1100PET.
The K-1 logic for the Pass-Through Entity Tax checkbox.
Added print suppression for AR1100-WH and AR941PT.
Calculations for the AR1100PET Page 2 to ensure the total and AR column are identical for partnerships operating only in Arkansas.
Modified the calculation for AR100PET Page 2 line 20.
Added a print suppression option for the AR1050.
Moved AR1100REC to the main state return area in Organizer and the Tax Form view.
The e-file time stamp for the extension.

The e-file schema for K-1N element ApportFactor.
The e-file schema for Schedule A lines 3a and 3b.
Modified the attachment logic for the PTC to ensure that it attaches in the e-file.

Added direct deposit to the e-file schema for NJ-1065, NJ-CBT-1065 and PTE-100.
Updated e-file schema for Columns I, J and K on Schedule PD.

An e-file issue that caused validations not to process.
Updated the SCK-1 schema for the element TaxYear.

Updated the print condition for the Form 3 location when more than 1 location is present.
Updated the calculation for Form 3 line 23 total income to include noncash contributions.

Updated the print for Indiana Schedule K-1, Page 2, Part 4, line 5.
Populated Indiana IT-20, Page 1, line 20.

Resolved the rate issue for Iowa, PTE-C, Page 4, Column H.
Computation for Iowa K-1, Part II, Column B is updated so residents are populated.

Form 5471 Schedule E
Form 5471 Schedule E-1
Form 5471 Schedule G
Form 5471 Schedule H
Form 5471 Schedule I (defaults to checked, no transfer)
Form 5471 Schedule I by Shareholder
Form 5471 Schedule I-1
Form 5471 Schedule J
Form 5471 Schedule M
Form 5471 Schedule P (defaults to checked, no transfer)
Form 5471 Schedule P by Shareholder
Form 5471 Schedule Q
Form 5471 Schedule R
Form 5471/Form 8990
Form 8858 Schedule H (959(b) Dividends and Return of Capital)
Form 8858 Schedule J
Form 8865 Schedule K-2, Part II, Sections 1 and 2
Form 8865 Schedule K-2, Part III, Section 1
Form 8865 Schedule K-2, Part III, Section 4, Line 1
Form 8865 Schedule K-2, Part V

Form 8858
Page 1 Organization Chart
Schedule H: Current Earnings and Profits or Taxable Income (959(b) Dividend and Return of Capital Adjustments)
Schedule J: Income Taxes Paid or Accrued
Form 5471

Schedule C: Income Statement (Other Comprehensive Income)
Schedule E Part I Sections 1 & 2: Taxes for Which a Foreign Tax Credit is Allowed
Schedule E-1: Taxes Paid, Accrued or Deemed Paid on Earnings and Profits (E&P) of Foreign Corporation
Schedule G: Other Information (Subset of Line 14 Questions)
Schedule H: Current Earnings and Profits (including 959(b) Dividend and Return of Capital Adjustments)
Schedule I (Summary & by Shareholder): Summary of Shareholder’s Income from Foreign Corporation
Schedule I-1: Information for Global Intangible Low-Taxed Income
Schedule J: Accumulated Earnings and Profits (E&P) of Controlled Foreign Corporation
Schedule M: Transactions between Controlled Foreign Corporation and Shareholder or Other Related Persons
Schedule O, Part II, Section F Organization Chart: Organization or Reorganization of Foreign Corporation
Schedule P (Summary & by Shareholder): Previously Taxed Earnings and Profits of U.S. Shareholder of Certain Foreign Corporations
Schedule R: Distributions from a Foreign Corporation

Form 5471/8890
Individual CFC Instance
Limitation on Business Interest Expense Under Section 163(j) (including Safe Harbor statement)
Schedule A: Summary of Partner’s Section 163(j) Excess Items
Schedule B: Summary of S Corporation Shareholder’s Excess Taxable Income and Excess Business Interest Income
CFC Specified Group Parent Instance
Limitation on Business Interest Expense Under Section 163(j) (including Safe Harbor statement)

Member Entity Number: International Members > Foreign Entity Number
Member Entity Name: Foreign Entity Name
Direct Owner Entity Number: International Members > Parent Entity Number of the foreign entity (may be foreign or FTC)
Direct Owner Entity Name: Parent Entity Name
US Parent Entity Number: First FTC Entity up the chain from the direct owner (may be listed more than once for a Member + Direct Owner pair depending on the ownership structure)
US Parent Entity Name: FTC Entity Name
Actual Tier: Foreign entity tier for a given ownership leg to the US parent entity
Effective Ownership Percentage: US parent entity ownership percentage for a given ownership leg
Ownership Path: Details of the ownership path (leg) from the foreign entity through a given direct parent to a US parent entity