MYTH: The screenshot below shows the total amount of Lifetime Learning Credit (LLC) and/or American Opportunity Tax Credit (AOTC) a return is eligible to claim (i.e. the actual calculation of the education credit).

MYTH BUSTED: The screenshot (and intent of the “We Recommend…” page) shows how each eligible education credit will impact the amount owed or refund due as indicated in the highlighted text below. In many cases, the total calculated education credit amount and the impact the education credit will have on the balance owed/refund due is the same, however, that is not always the case. The “We Recommend…” page is designed to only show how much a balance owed will decrease or how much a refund will increase.

A deployment is scheduled for the morning of Monday, January 13th to release the below update(s). Access to the program may be limited during a deployment.

FORM 8888

• Form 8888 not generating in the print when completed in e-file (Issue 2689)

MONTANA

• Federal 1099-INT/DIV Taxable State Interest entries not pulling to MT Schedule 1, Line 1 (Issue 2715)
• Transition Schedule not generating when only Part II “Taxable Federal Refunds” is completed (Issue 2716)

A deployment is scheduled for the morning of Friday, January 10th to release the below update(s). Access to the program may be limited during a deployment.

MICHIGAN

• Retirement and Pension Benefits Subtraction is not being used it is more beneficial than MI Standard Deduction on Sch 1 line 25/26 (Issue 2696)

MINNESOTA

• Applicable M1QPEN not calculating when Line 4 is greater than Line 5 (Issue 2699)

MONTANA

• Form 2, Line 6 for 65 or older not calculating 5,500 when just SP is 65 and older (Issue 2702)

OHIO

• Add Wilmington School District for Clinton county (Issue 2705)

SCHEDULE A

• Update Schedule A – LTC Premium limits for TY2024 based on age range (Update)

VIRGINIA

• VA Age Deduction calculating when return does not qualify (Issue 2706)

A deployment is scheduled for the morning of Wednesday, January 8th to release the below update(s). Access to the program may be limited during a deployment.

FORM W-2/FORM 8889

• Add E-file Warning when W-2 has Code W in Box 12 but no F8889 added to return (Enhancement)

KANSAS

• All Social Security Benefits included in Fed AGI should not be taxable to KS (Issue 2695)

STATE & LOCAL REFUND WORKSHEET

• State and Local Income Refund Worksheet – Schedule 1, Line 1 is missing text on the PDF for lines 2 and 3 (Issue 2684)

A deployment is scheduled for the morning of Monday, January 6th to release the below update(s). Access to the program may be limited during a deployment.

FORM 1040-ES

• Add 1040-ES e-file warning when Federal Balance is over $1,000 (Enhancement)

FORM 1042-S

• The 1042-S page is loading blank inside the 1040-NR program (Issue 2682)

A deployment is scheduled for the morning of Friday, January 3rd to release the below update(s). Access to the program may be limited during a deployment.

FORM 1099-G

• 1099-G Unemployment Compensation page shows erroneous validation after initial save when going back in to edit (Issue 2680)

FORM W-2

• Medicaid Waiver Payment checkbox to include in calc of earned income shows unchecked after saving (Issue 2672)

OREGON

• Kids Credit Worksheet, Line 6 is not displaying the rounding to 2 decimal places (Issue 2677)

A deployment is scheduled for the morning of Thursday, January 2nd to release the below update(s). Access to the program may be limited during a deployment.

FORM 1099-R

• Simplified Method Worksheet page not loading after PSO entry has been made (Issue 2625)

SCHEDULE E

• Schedule E for Royalties page validation requiring address erroneously (Issue 2649)

STATE PROMPTS

• State prompts show twice before navigating to state return menu (Issue 2337)

A deployment is scheduled for the morning of Monday, December 30th to release the below update(s). Access to the program may be limited during a deployment.

FORM 1099-R (NOT DEPLOYED)

• Simplified Method Worksheet page not loading after PSO entry has been made (Issue 2625)

FORM 5695

• Move credit carryforward entry fields from the Residential Clean Energy Credit menu to it’s own menu (Enhancement)

SCHEDULE A

• Insurance premiums you paid (medical, dental, vision) entry is not deleted when removed and saved (Issue 2662)

SCHEDULE E (NOT DEPLOYED)

• Schedule E for Royalties page validation requiring address erroneously (Issue 2649)