Triva isn't available right now.
Check out the support page for our phone number and hours
Solutions
Law firms
Tax, audit & accounting firms
Success stories
-
A true competitive advantage
Law firm Zarwin Baum’s embrace of generative AI as the natural next step in the evolution of legal work and their adoption of CoCounsel Legal has helped them achieve remarkable efficiency gains and improved client relationships.
-
Workflow transformation drives impact
Brinks, a global leader in secure logistics and security solutions, used CoCounsel to reimagine what was possible with AI tools, turning legal challenges into a competitive advantage.
-
The forefront of audit tech
A better auditing workflow solution was the answer to multiple challenges faced by The Mercadien Group. Find out how they achieved greater efficiency by embracing Cloud Audit Suite.
Questions? We are here to help.
Products
Legal
Trade & supply
Tax, audit & accounting
- 1040SCAN
- Audit Intelligence Analyze
- CoCounsel Audit
- CoCounsel Tax
- Ready to Advise
- Ready to Review
- View all
Corporate tax
Recommended products
-
CoCounsel Legal
Transform your work with the only AI legal solution uniting research, drafting, and document analysis in a single experience. Designed by legal experts and built on trusted content and advanced AI, CoCounsel Legal accelerates multistep work so you can better serve your clients and grow your business.
-
CoCounsel Tax
Transform your tax practice with CoCounsel Tax, an AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform. Enhance efficiency, reduce risk, and improve client confidence with CoCounsel Tax.
-
CLEAR
Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
Questions? We are here to help.
Purchase
Buy solutions
Resources
Insights
Events
Product training
Product communities
Developers
Highlights
-
2026 SKILLS showcase
Join weekly sessions to experience in-depth demonstrations of the leading legal AI products while connecting with strategic law firm leaders in knowledge management, innovation, and AI.
-
Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
-
Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
1040 Individual 23-5.5F
Release date: 6/28/2024
tip
- Get the latest on open issues by reviewing Alerts and notices.
- Review the status of federal forms.
- Availability of state releases can be found in the Home screen, Forms Availability.
- On the main product page, selectData imports and exportsforClient Code Importfiles added on this release and other import files.
- Go to Tax Year 2022 Release Notes for 2022 release information to see 2022. On the side menu, select Tax Year 2022 Release Notes.
Pending releases
- Form 3800is available. You can e-file this form for those not having credits from Forms 7207, 7210, 7213, and 8933. Carryover utilization will be available on a future release.
- We're updating theK-1 Transferfrom 1065/1120S/1041 to 1040 to reflect the new K-1 fields.
- We're still working on adding the e-file forForm 8949 IRC, Section 1061 adjustments.
- We're aware when a partnership has more than oneK-1for the taxpayer, the system can't transfer multiple K-1s in 1 transfer. Currently, you have to transfer them one at a time. We’ll address this in a future release.
- Schedule K-1 Reviewcontains a note on the 1st page about a future update to reflect the new Schedule K-1 Other income and Other deduction fields. This only affects returns that contain these new Schedule K-1 fields.
- We're aware that the explanatory statement forForm 1116, line 3 isn't included in the e-file when there are HTKO adjustments. We'll address this in a future release.
We’ve also just released new templates on this release
Client Code Import
to make your importing tasks easier. These templates work with either the data connection or the tax return import method.
note
You can download all templates and files by selecting
Data imports and exports
to open the file downloads on the product main page.
You'll need a license for Data Connection to use that feature to import. Contact a sales representative for activation.
Iowa
We're updating the Form 126 e-file schema to include an attachment for a spouse's NOL waiver. It will be available in a future release.
Pennsylvania locals
We're working on updating Berkheimer forms to the latest version.
Tennessee
We're working on correcting the FAE 170 Filing instruction. The filing information and paragraphs are not printing correctly.
Federal
Schedule K-1
long-term capital gain/loss will now reflect the Fannie Mae or Freddie Mac long-term capital gain/loss. Before it reflected the Fannie Mae or Freddie Mac short-term capital gain/loss. We updated the
Schedule C
dropdown for principal business codes, Page 1, line B.We updated the
federal e-file
schema to V5.2.We corrected a
Form 3468
issue with the ending beginning date for Part VII line 1d.We fixed a
Form 8283
issue with Business Rule Number F8283-007-002.We added a
Form 8835
organizer field for amount of credit from pass-through entities for Page 3, line 14. We updated
Form 8865 K2 and K3
e-file so they now include negative amounts for Part II, Section 1, lines 11, 12, 13, 14, 15, 27, 28, 29, and 30. We updated
Form 8865 K2 and K3
e-file so they now include amounts for in columns A-E for Part II Section 1 Lines 41 and 42.We added
Form F8997
special gain code for all sections.California
We updated the schema version from 2023v4.2 to 2023v4.3.
Colorado
We updated the calculation on Form DR 104, line 4.
We updated the print on Form DR 104X, Pages 1 and 3.
Georgia
The Georgia Department of Revenue announced a change in the Individual income tax rate from 5.49% to 5.39% and in dependent exemption from $3,000 to $4,000 for 2024. We updated Form 500ES calculations accordingly.
We addressed a Form 500 issue where an electronic reject diagnostic generating erroneously when an unborn child was included in the line 7c total number of dependents in some situations.
The Georgia Department of Revenue announced changes in Form 500 Schedule 4 NOL. Part I, line 5 is no longer used, and Part II, line 18 couldn’t be a negative amount. We updated calculations on these lines.
Massachusetts
We updated Form 2210M, line 2 to include Refundable credits from PY/NR Form 1, line 52.
This article applies to:
- Product: GoSystem Tax RS