1040 Individual 23-3

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Pending releases

Release date: 02/02/2024
The following forms are not available with this release:
  • Form 1045
  • Form 3468
  • Form 3800
  • Form 4136
  • Form 5695
  • Form 5884
  • Form 6478
  • Form 6765
  • Form 8586
  • Form 8611
  • Form 8824
  • Form 8826
  • Form 8835
  • Form 8844
  • Form 8846
  • Form 8865
  • Form 8881
  • Form 8882
  • Form 8904
  • Form 8906
  • Form 8908
  • Form 8910
  • Form 8911
  • Form 8932
  • Form 8936
  • Form 8941
  • Tax Equalization (TEQ)
  • Election Statements
  • SRJD Form 7203
  • Partner Basis Worksheet
  • K-1 Review
  • K-1 Reconciliation
  • Schedule E
Schedule K-1 Other income and other deductions
will be updated to follow the new income and deduction codes added in the draft version of the 1065 and 1120-S Schedule K-1 Instructions.
IRA and Roth IRA
related basis worksheets are in the system, but worksheet print is still in development.
K-1 Transfer
from 1065/1120S/1041 to 1040 is being updated to reflect new K-1 fields.
Form 1040NR Schedule P
is under development and will be available in a future release.
We are still working on adding the e-file for
Form 8949
IRC Section 1061 Adjustments.
E-filing of
Form 1116, Schedule B and Schedule C
is under development and will be available in a future release. E-filing of
Form 1116, Schedule B
is available in this release.
We are aware when a partnership has more than one K-1 for the taxpayer, the program
can't transfer multiple K-1s in one transfer
. Currently, you have to transfer them one at a time. This will be addressed in a future release.

New York

Forms
IT-209, IT-2105, IT-213, and IT-215
are under development. These forms will be available in a future release.

Federal

  • We resolved a
    Schedule C
    validation error for EnergyEffcntCmrclBldgDedAmt.
  • We corrected
    Form 4562
    where current year depreciation wasn't correct when asset type is Auto and 80% bonus for assets placed in service in 2023 was selected.
  • We restored the
    partnership basis beginning of year and end of year share of liability
    fields to 10 wide.

Maryland

We corrected
Form 502, line 28
where an e-file reject diagnostic for local tax rate was displayed incorrectly for certain resident taxpayers who resided in Anne Arundel Co. and Frederick Co.

New York

Forms
IT-2105.9, IT-216 and IT-272
are now available.

Ohio

We addressed an
e-file validation error
where element "Overpaid", sub-element "Refund" must contain a value even if it is "0".

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