1065 Partnership 23-3.4T

tip

Pending releases

Release date: 2/27/2024
Form 7205
, Energy Efficient Commercial Buildings Deduction is pending release.

Arkansas

The following items are still pending for
AR1100
: Page 3, lines 5, 15, and 18; Page 4, Section C, line 3.

New Mexico

We are currently still developing organizer inputs and computations for
Form PTE
line 17.

Nebraska

The following forms are pending development:
Form 1065XN
and
Form 1065N-ES
.

Oregon

The following forms are pending for future release:
OR-QUP-CAT

Federal

In Organizer, for Foreign Information, Ptr Distributive Share-International, on the
K-2,K-3 Activation and General Info
, we removed the override fields for applicable Parts of Federal Schedule K-2 for tax year 2023 for 1065 tax returns.
The same is true for the respective federal
Schedule K-3 override
fields on the Partner Information Organizer screens. These fields were in the tax year 2022 tax application because at the start of the 2022 tax year there was still some uncertainty on whether the IRS would allow Schedules K-2 and K-3 to be PDF e-filed. The IRS decided to
not
allow PDF e-filing for tax year 2022 and only allowed xml e-filing. Thus, for tax year 2022 we added CAUTION within the tax application to not use these fields for XML e-filed returns. For tax year 2023, we removed these Organizer fields from the 1065 tax application because these fields on the Tax Forms are automatically determined and cannot be overridden. For tax year 2023, you can
e-file an XML Schedules K-2 and K-3
. You
cannot e-file a PDF for Schedules K-2 and K-3
.

Idaho

We updated the flow of data for
Schedule K-1 line 57
.

Virginia

We corrected various print issues on
Form 502
, Page 1;
Form 502A
, Sections B and C; and
Form 502
PTET, Pages 1 and 2.

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