The below updates/fixes were pushed out to TaxSlayer Pro Online this morning.
- ACA: When the Taxpayer is marked as “IS being claimed as a dependent” in Basic Information, the option to skip the Health Insurance section will be available.
- Form 1116: We previously did not provide an option to enter the “TYPE” if income being reported within the 1116 to carry to Line 1a as the description. This option is now available.
- Basic Information Menu: When marking a Taxpayer as “CAN BE claimed….”, a below question appears asking “IS the TP being claimed….”. This will impact items such as the American Opportunity Credit and what the TP is allowed to claim, refundable/nonrefundable portions, etc.
- Form 2441: When preparing a Married Filing Joint return and the Taxpayer’s W-2 was claiming a Medicaid Waiver Payment, it was incorrectly being subtracted from the Spouse’s earned income on Form 2441. This has been corrected.