Release notes v2024.035
Release date: March 28, 2025
Always execute the GET features first to establish the required field names and values. Then, use the required values returned in the GET results to build the SET data. Test all features to ensure they work correctly before making changes to your master files for each release. Fields can be added, removed, or changed since the last release.
Updated features: Tax year 2024
important
Fields have been added, updated, and deleted for TY 2024. Re-build your formulas before you perform a GET/SET.
Tax year 2023
For feature and field details, use OIT Workpapers TY 2024 Features (v2024.035).xlsx.
Return Type | Module | Feature ID (year.feature ID) | Feature Name |
|---|---|---|---|
1120 | Organizer | 2024597 | Foreign Info-FC-Sch G-Other Info-Line 14 Questions |
1120 | Organizer | 20242970 | Foreign Info-FDE and FB- Gen Info |
1120 | Organizer | 2024775 | Foreign Info-FDE and FB-Sch G |
1120 | Organizer | 2024601 | Foreign Info-Tax on Base Erosion Payments |
1120 | Organizer | 2024776 | Inc and Ded-Depr and Amort-Asset-Depr Detail |
1120 | Organizer | 20241891 | Oregon-CAT-Exclusions |
1120 | Organizer | 2024512 | Tax Estimate Options Underpayment OK |
1120 | Organizer | 2024248 | UT NOL |
1120 | Organizer | 2024202 | AZ NOL |
1120 | Organizer | 2024280 | DC NOL |
1120 | Organizer | 2024236 | NM NOL |
Features that now support Binder Group functionality
We fixed the issues with Binder Group functionality for the features that were deferred in the 025 release. You can now use these features for
Import
and Export
with both Single Binder and Binder Group.- Foreign Info-Tax on Base Erosion Payments
- Foreign Info-FDE and FB-Sch G
- Oregon-CAT-Exclusions
- Foreign Info-FDE and FB- Gen Info
- Foreign Info-FC-Sch G-Other Info-Line 14 Questions
- Tax Estimate Options Underpayment OK
- AZ NOL
- NM NOL
- UT NOL
note
The following features are currently being fixed for Binder Group usage. Refrain from using them with Binder Groups until the issues are resolved and enhancements are rolled out in the upcoming release. These features are available for use with Single Binder only until further notice:
- Foreign Info-FC-Schedule H-1
- Foreign Info-FC-Schedule H-1-Other Adjustments
Notice for Form 5471, Worksheet H-1 users for TY 2024
The screens for Worksheet H-1 have been updated. If you use the Import/Export functionality for the Worksheet H-1 feature, note the following changes:
- The features available in TY 2023 have been deemed redundant and won't be available from TY 2024 onwards.
- We replaced these features with the new Schedule H-1 feature listed in the following table.
- The new features are available forImportorExportfor single binder use only. We'll add support for the binder group (batch import/exports) in an upcoming release.
note
Additionally, create separate GET/SET formulas for each tax year, as the features for TY 2023 and TY 2024 are distinct and not interchangeable.
Old feature ID | Old feature name | Replaced feature ID | Replaced feature name |
|---|---|---|---|
3588 | Foreign Info-FC-Worksheet H-1 | 4084 | Foreign Info-FC-Schedule H-1 |
3607 | Foreign Info-FC-Worksheet H-1-Other Adjustments | 4085 | Foreign Info-FC-Schedule H-1-Other Adjustments |
Important update for Workpaper Add-in users
As we enhance our application, starting from April 2025, all clients must use Workpaper Add-in version v2024.04.55.0 (released on September 27, 2024).
Versions older than v2024.04.55.0 won’t be supported and won’t function as expected post-April release.
Action Required:
To avoid service disruption, upgrade your Workpaper Add-in to v2024.04.55.0 by the end of March 2025. You will receive a pop-up message prompting you to update; follow the on-screen instructions to install the latest update.We urge all users to update promptly to continue enjoying an excellent and improved experience.