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Search Income Tax (ONESOURCE) Help and Support.

This article applies to:

  • Product: ONESOURCE Income Tax
  • Return type: 1120 Corporation,1065 Partnership

2025.065 release information

The following features, forms, and issues are on the release available on 6/23/2026.

1120

Federal
We updated or addressed the following:
Form 1118
  • We corrected Form 1118, Schedule A, Line 1(b) to print the code in the designated space.
  • We corrected Form 1118 Basket type RBT to present the required checkbox type in Topcon.
Form 1120:
 We corrected the print alignment for Form 1120, Page 4, Lines 5a and 5b statements to prevent overlapping text.
State
We updated or addressed the following:
Illinois
  • We updated Illinois Schedule NB to correctly calculate Line 12, Column A as the sum of Column A amounts from Lines 1 through 11.
  • We updated Illinois Schedule J, Page 2, Lines 16, 17, and 18 for Form 1120 to present correctly.
New Jersey:
 We corrected the print presentation for New Jersey Form GIT-DEP, Part IV.

1065

Federal
We updated or addressed the following:
  • Form 8865:
     Updated total for Form 4562, line 19, to include 39-year property.
  • Schedule K-1:
    Resolved an issue with the "Other Allocation" on Lines 12 and 13.
  • Form 7211:
     Corrected print for Part I, line 7c.
  • Form 1065, Schedule D:
     Corrected mapping for long-term capital gain when using summary overrides.
State
We updated or addressed the following:
Arkansas:
 Corrected an issue on Form AR1050, Page 2, Part II, Line 3j.
Idaho:
 Fixed print alignment for statement on Form 65, Page 1, Line 20.
Illinois:
 Corrected issue on Form IL-2220, page 4, line 45, columns C and D.
Maryland:
 Corrected a diagnostic for Form 510, line 16g, total payments and credits.
Massachusetts:
  • Fixed partnership information print on Form M-8453ELT.
  • Removed the period end date from Schedule CMS for the new EDIP credit.
Montana:
 Ensured the PTE PL 86-272 box checks correctly.
Oregon:
 Resolved an XML issue for Form OR-21, Line 32.
Tennessee:
  • Resolved print alignment issue on Form FAE 174, pages 1, 5, and 6.
  • Corrected print on Form FAE 174, Page 2, Schedule SF.
Wisconsin:
 Addressed a printing issue on Sch 3K-1, Page 4, Line 6K.

New for this release

Tax Accounting System
Rollover Binder Status
The Rollover Binder Status screen and its associated detail screens have been modernized using our latest technology stack. These screens are accessible via the Batch > Rollover Binder Status menu. The functionality and purpose of these screens remain the same — they continue to display the status of binders that have been rolled over from the Binder Properties.
State TI
Indiana
  • The 2025 State TI Forms Mapping Subtraction code item #631 - "Infrastructure Fund Gift Deduction" description is updated.
  • Addition code items #155 - NOL Reduction Due to Debt Discharge and #115 - Intangible expenses are now flowing to the Organizer/Tax Forms detail screen from State TI Data Entries.
API
Tax Return Live API's
API GET Forms:
 This GET endpoint provides a list of form names in a tax return. API consumers can query by Tax Year and Return Type to retrieve the details.
API GET Fields:
 This GET endpoint returns a list of available fields within a tax return. API consumers can retrieve this information by specifying the Tax Year and Return Type. The response can be further refined using parameters such as Form Name, Field Type, Screen Long Name, and Include String Values to filter the results.
POST API Save Attributes:
 This POST endpoint is used to save one or more field attributes in an open Tax Return. Tax Return should be opened by calling "open" before calling this API method.
API POST Efile Comparison:
 This POST endpoint compares Efile XML data between two binders to identify field changes, additions and removals. API consumers can query by providing a BinderId and compare BinderId along with JurisdictionId and EfileTypeId to retrieve detailed comparison analysis including variance metrics and percentage changes across all examined fields.
Data Import (Excel) Addin
Version 21.1.1 includes the most recent updates for 2025 1065 4562 Map:
  • 50-Yr MACRS
  • 50-Yr ADS
  • Own an aircraft
  • Lease an aircraft
  • Charter an aircraft
  • Portion of the current year basis attributable to IRC § 263A costs (other than interest related)
Version 21.2.0 includes the most recent updates for 2025 1065 4562 Map plus Registration using Thomson Reuters sign-in. Only use this version if you have this optional sign-in feature, most users do not have this.
  • Ribbon Changes
    • Register
       is now
      Login
       – users will now see the onesourcetax.com login page pop-up when logging into Data Import.
  • Users will no longer enter their Universal ID and Password in Settings.
  • Users will be registered once they login using the Login icon.

Open Issues

Excel Add-in Data Import
  • SSO Users will all need to enter their 4-digit Account Number in ALL CAPS within Settings | Income Tax and Estimated Payments tab before Registration.
  • V21.2.0 users do not have an option to logout. If user needs to logout, then user must uninstall and reinstall the add-in or use v21.1.0.

Closed Issues

State TI
Indiana
  • The 2025 State TI Forms Mapping Subtraction code item #631 - "Infrastructure Fund Gift Deduction" description is updated.
  • Addition code items #155 - NOL Reduction Due to Debt Discharge and #115 - Intangible expenses are now flowing to the Organizer/Tax Forms detail screen from State TI Data Entries.
Excel Add-in Data Import
  • Version 21.1.0 - 1065 4562 Maps are not validating properly. Please revert back to Version 21.0.0. This will be corrected with another build Version 21.1.1.
    • 2025 1065 4562 Fields for 50yr property will be added in a future release.
  • Error occurs for certain users during Registration. Go to Platform | Administration and disable the user's login, save, and then reenable the user. After this is done, try registering again from the Excel Add-in.

Data Query-Reporting/Odata

New for this release:
  • Data Query – Reporting now applies Group level permissions.
  • International Trial Balance and International Trial Balance with member detail reports added.
  • SSO Add-in for OData version 1.0.3 released – corrected for client manager users with 15+ child accounts.
  • OData (Domestic) - Data Refresh APIs added along with Data Refresh Status.
    • As soon as user selects the submit-x-refresh API, it will trigger the Refresh and start processing:
      • year-2023-submit-efile-refresh
      • year-2024-submit-efile-refresh
      • year-2025-submit-efile-refresh
      • year-2023-submit-organizer-refresh
      • year-2024-submit-organizer-refresh
      • year-2025-submit-organizer-refresh
      • year-all-submit-tas-refresh
      • z-data-refresh-status – select to view the report of the status of all three areas of refresh (like Data Query Reporting Data Refresh pop-up)
Open Issues:
  • e-file XML report
     – displays fields/forms with null values. Filter fields with Null values to minimize the size of the report prior to Download.
  • OData – Registration
     Error occurs for certain users during Registration. Go to Platform | Administration and disable the user's login, save, and then reenable the user. After this is done, try registering again from Excel.
  • Data Query Reporting – Permissions to Data Refresh:
     If users cannot submit after the permission is assigned, toggle it off and on.
    1. Navigate to User Administration.
    2. Select Edit for the user.
    3. Go to Data Query – Reporting - Uncheck the Data Refresh permission.
    4. Select Next until you go to the last step to save.
    5. Repeat steps 1-3.
    6. Check Data Refresh.
    7. Select Next until you go to the last step to save.
Closed Issues:
  • SSO Add-in not loading for client manager users with 15+ child accounts.

Workpapers NG

New for This Release
  • Ignore trailing/leading spaces in Entity Number.
  • Added leveling information in payload for multi-level interesting details.
Open Issues
  • Task Pane load blank – right click and select Refresh to reload if it is showing blank.
  • SET/GET not available for:
    • Organizer/Gains and Losses/Disposition of Property/Disposition Detail/Create Dispositions of Property.
    • Organizer/Gains and Losses/Capital Gains and Losses/Columnar Gains Entry.
    • Organizer/Gains and Losses/Capital Gains and Losses/Capital Assets Sale Detail.
Closed Issues
  • Corrected existing functionality.
    • Restrict SET on GeneralDepreciation&Amortization.
    • Corrected duplicated detail in GET for Group Fields.
    • Corrected Get for Non-interesting Field Grids to pull Entity Numbers for all rows.
    • Interesting Field GET corrected.
    • Correct SET of Multiple Interesting + Single Input + Group.

Income Tax International

New for This Release
Form 5471, 8858 and 8865 Organizer Options to Turn Off Transfers from International Computes
important
After rolling your foreign entity binders to the new tax year and before running transfer to the forms, determine if you plan to file Form 5471 Schedules I & P by Shareholder or Summary and use
Enterprise Control Panel
Organizer INTL Transfer Options
 to block transfer to the alternate approach. (For example, if filing Schedule I by Shareholder, check the Yes/On box for the Schedule I by Shareholder option and No/Off for Schedule I.)
The
International Compute
Transfer to US5471, US8865 and US8858
 checkbox transfers information directly to the "face" of Form 5471, 8865 and 8858 Organizer pages (rather than hidden screens as is the case for the Income Statement and Balance Sheet) for the following schedules – unless otherwise stated, the transfer checkboxes below default to unchecked, permitting transfer:
  • 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 (defaults to unchecked, transfer occurs)
  • 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
Before transferring new results, the International Compute will delete all existing information in the schedules noted. If manual overrides are entered in Organizer, you must check the appropriate option(s) on the INTL Transfer Options pages within the Foreign Corporation (5471), Foreign Partnership (8865), and FDE and FB (8858) navigation tree to prevent additional transfers to the schedule from International Computes. Failure to check the individual boxes will result in the loss of any Organizer overrides (even if the Organizer field is locked) when you next run the International Compute \ Transfer to US5471, US8865, US8858 for the binder.
Batch Print Foreign Form PDFs for Tax Year 2025 Form 5471 Schedule H-1 and Form 8964 TRA
The IRS e-file schema for tax year 2025 does not include Form 5471 Schedules H-1 (Pro Rata Share of CFC Adjusted Net Income or Loss for Corporate Alternative Minimum Tax) and new Form 8964-TRA (Section 987 Transition Information). As a result, you must attach these schedules in PDF format to the e-file. To help you with this, we have enabled a batch print for the PDF files for multiple binders in the ONESOURCE Batch Process.
  1. On the Batch menu, select
    Batch
    Batch Process
    . The foreign print process is only applicable for Binder Groups.
  2. Select the Binder Groups tab and then the binder group to print the foreign forms PDF attachments.
  3. On the Choose Task screen, select Print - Foreign Forms pdf attachment. This starts the process.
  4. Go to
    Batch
    Batch Status
     to see the status of the process. If there are no errors, you will see a green dot Complete.
  5. If there are errors, you will see a yellow or red dot. Select the file to review the job.
  6. In the Actions column, select the down arrow to download the file.
New FTC Default Options for Section 987 for Use in an Upcoming Release
The FTC Defaults screen now contains a series of new Section 987 checkboxes which default to unchecked. These Section 987 settings will be used in an upcoming release to trigger Section 987 calculation and report changes for foreign and FTC divisions.
Screen Updates to the New Look and Feel
The following screens have been updated to the new ONESOURCE Income Tax look and feel:
  • Binders
    • Foreign
      GILTI Workpaper (2018+)
    • Foreign
      Intercompany Receipts (2005+)
    • Foreign
      Intercompany Payments (2005+)
    • Foreign & FTC
      Section 987 Gain/Loss on Remittances (2024-2003)
    • FTC Top Con
      R&D Group Apportionment Bases (2020-)
Updated API Features for International Users
The 2025.065 release includes API changes to support the new Section 987 checkboxes on the FTC Defaults screen. Note: These 987 checkboxes will be used by the system in an upcoming release.
New Data Query Reporting Features for International Users
The 2025.065 release includes the following new reports:
  • International Trial Balance
  • International Trial Balance with Member Detail
Closed Issues
Form 5471 Schedule H Includes Foreign Entity Taxable Income Adjustment Amounts when Return of Capital and Section 959(b) are not Present
Special Foreign Entity Taxable Income (FETI) adjustments can be created for tax years 2024 and later. When the entity does not receive Section 959(b) PTEP or a return of capital distribution, Form 5471 Schedule H and the related International Report (
Subpart F
Form 5471
 and
8858 Reports
Form 5471 Schedule H by Basket
) incorrectly include FETI adjustments in the amounts computed/transferred to lines 5a and 5c.
note
This issue does not impact the Working Trial Balance or amounts transferred to the Income Sourcing Workpaper.

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