1/30/2025: All practice exercises are now updated to reflect current 2024 calculations accessible within The Practice Lab.

• Practice Exercise 1
• Practice Exercise 2
• Practice Exercise 3
• Practice Exercise 4
• Practice Exercise 5
• Practice Exercise 6
• Practice Exercise 7
• Practice Exercise International
• Practice Exercise Military
• Puerto Rico Practice Exercises

To help set expectations in the field, the practice exercises under Section 6 of the Practice Lab will be updated to 2024 in January 2025. This article will be updated when 2024 Practice Exercises are live in the Practice Lab. We want to provide extra time for additional updates to be applied to the 2024 software before updating the exercises. This time of year both the IRS and State Departments are continually releasing and finalizing forms, schedules, and instructions to software vendors. As mentioned in a previous blog post, regular updates will be implemented into the software as information is released/provided to software vendors over the next several weeks leading into the upcoming filing season.

At this time, the practice exercises are still based on the 2023 application.

A deployment is scheduled for the morning of Wednesday, January 29th to release the below update(s). Access to the program may be limited during a deployment.

CALIFORNIA

• Form 3853, Part III changing the individual after initial entry updates the grid display but the print includes the former individual entered (Issue 2792)

COLORADO

• Form 0104, Page 2 CTC box checked for dependent(s) that do not qualify for CTC (Issue 2798)

FORM 8863

• Relocate EIN field to top of the Educational Institutional page (EIN Database implementation will be Phase II) (Update)

GEORGIA

• Worksheet for Other State(s) Tax Credit, Line 9 not using applicable tax rate (Issue 2799)

MINNESOTA

• M1REF Line 1a shows 3 qualifying persons when M1CD has 2 qualifying persons (both born in 2024) (Issue 2796)

SCHEDULE OI

• 1040-NR program, Schedule OI Current Year Travel Dates – Date Departed U.S. should not be a required entry (Issue 2783)

A deployment is scheduled for the morning of Monday, January 27th to release the below update(s). Access to the program may be limited during a deployment.

FORM 1040-NR (Rescheduled)

• Schedule OI Current Year Travel Dates – Date Departed U.S. should not be a required entry (Issue 2783)

FORM W-2

• Box 3 for Social Security Wages prefill cap needs updating to $168,600 for TY2024 (Issue 2791)

VIRGINIA

• VA760CG, Page 1 showing “AMENDED” in bottom left when return is not amended (Issue 2788)

A deployment is scheduled for the morning of Friday, January 24th to release the below update(s). Access to the program may be limited during a deployment.

FORM 5329

• Adding two new reasons for penalty exclusion: 22) Qualified distributions to victims of domestic abuse & 23) Distributions for eligible emergency expense distributions (Update)

MAINE

• ME Part-Year Dependent Exemption Tax Credit needs to pull to Sch A line 1, currently pulling to line 9 (Issue 2771)

MISSOURI

• MO-A Part 3 – Section A, Line 2 not calculating max of 46,381 when applicable (Issue 2785)

WISCONSIN

• Erroneous E-file block validation being presented at e-file related to the Residence questionnaire when not applicable (Issue 2784)

A deployment is scheduled for the morning of Wednesday, January 22nd to release the below update(s). Access to the program may be limited during a deployment.

COLORADO

• Part year Form 104CR only Line 21 should be included in Line 23 total (not line 20 and 21) (Issue 2775)

MICHIGAN

• MI CF-1040, Page 2, Sch. A Line 6 Column A should only include the total from lines 1 – 5 above of it (Issue 2761)

MINNESOTA

• Add worksheet for child born in 2024 when Federal 2441 not required (Issue 2758)

A deployment is scheduled for the morning of Monday, January 20th to release the below update(s). Access to the program may be limited during a deployment.

FORM 1040-NR

• Carryforward the number of days present in the United States from prior year Schedule OI to current year (Enhancement)

DIRECT DEBIT

• Unable to select Future Direct Debit dates (Issue 2733)

A deployment is scheduled for the morning of Friday, January 17th to release the below update(s). Access to the program may be limited during a deployment.

CAPITAL GAIN/LOSS

• Add column on the Capital Gain/Loss Grid to indicate Short-Term or Long-Term (Enhancement)

COLORADO

• Family Affordability Tax Credit not calculating (Issue 2745)

MASSACHUSETTS

• Form 1-NR/PY Sch. Y, Line 9c for Charitable Contributions Deductions not calculating (Issue 2739)

MICHIGAN

• MI CF-1040 Sch. A, Line 4 Gambling Income is being included in Line 5 as Other Income doubling the amount (Issue 2744)

MINNESOTA

• M1CWFC Direct Deposit entry of your advance payment not pulling to PDF (Issue 2749)
• MN QPEN should not calculate when “Coordinated Member” is marked (Issue 2751)
• MN-CRP within M1PR missing selections for Mobile Home and Mobile Home Lot (Issue 2700)

A deployment is scheduled for the morning of Wednesday, January 15th to release the below update(s). Access to the program may be limited during a deployment.

FORM 8878

• Generate Form 8878 when Form 4868 is created with direct debit payment added (Update)

FORM W-2G

• State ID Field pulling [object Object] text when entering a Federal EIN saved in EIN Database with a State ID also saved in EIN Database (Issue 2727)

MINNESOTA

• Within the M1PR > Electronic Statement > Remove “Income source less than rent” in drop-down (Issue 2717)

WISCONSIN

• Schedule WI-2441, Line 6 using incorrect amount (Issue 2728)
• Schedule H, Line 9g doubles the amount of subtractable savings bonds interest (Issue 2729)