Author Archives: %s

Release Notes: AR & Sch A-NOL

06 Jan 22
Craig Smith
No Comments

The site will be placed in maintenance on Friday, January 7th, beginning at 5:00am ET to release the below update(s). Note that deployments may take up to 3 hours to complete. During this time, access to the program may be limited.

ARKANSAS

  • Unemployment income not carrying to Line 21 (Issue 6382)

SCHEDULE A-NOL

  • Below the line charitable contribution creating Schedule A-NOL in error (Issue 6384)

 


Click here to download a PDF of our Cumulative Release Notes & Program Enhancements.

Practice Lab: 2021 Practice Exercises Live

05 Jan 22
Craig Smith
No Comments

Update 1/6/2022: The Puerto Rico practice exercises are now updated and available under Section 6 of the Practice Lab.


Update 12/29/2021: Practice Exercises 1-7, International, and Military are now updated using the current 2021 Practice Lab calculations available in the application to date. This time of year both the IRS and State Departments are continually releasing and finalizing forms, schedules, and instructions to software vendors. Regular updates will be implemented into the software as information is released/provided to software vendors. The Puerto Rico practice exercises will be updated by end of week next week.


To help set expectations in the field, the practice exercises under Section 6 of the Practice Lab will be updated to 2021 closer to the end of December. This article will be updated when 2021 Practice Exercises are live in the Practice Lab. We want to provide extra time for additional updates to be applied to the 2021 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, not to mention the many changes impacting 2021 returns from the American Rescue Plan and Consolidated Appropriations Act. Regular updates will be implemented into the software as information is released/provided to software vendors.

At this time, the practice exercises are still based on the 2020 application.

Release Notes: January 5th – LTC Premiums & W-7

04 Jan 22
Craig Smith
No Comments

The site will be placed in maintenance on Wednesday, January 5th, beginning at 5:00am ET to release the below update(s). Note that deployments may take up to 3 hours to complete. During this time, access to the program may be limited.

LTC PREMIUMS

  • Update LTC premium amounts to 2021 limits (Issue 6328)

W-7

  • Correct an issue where accessing the W-7 menu created an error (Issue 6336)

 


Click here to download a PDF of our Cumulative Release Notes & Program Enhancements.

Practice Lab – 2021 State Returns Initial Release

03 Jan 22
Craig Smith
No Comments

1/3/2022 – Roughly twenty one (21) State Returns are now live! Please note the information posted below when reviewing the initial state application release. The remaining states will be released for preparation over the next couple of weeks.

Note: Initial load times may be slower than normal, but this will subside as additional state returns are created, etc.


It is important to keep in mind when accessing 2021 state returns as they become available, some states may have been delayed (and are still experiencing delays) in releasing final 2021 forms/instructions. As you prepare 2021 state returns in the Practice Lab, you may still see 2020 calculations and/or PDF forms. Customer Service will not be creating issues for these items until the states are closer to finalization.  As information continues to be released and finalized by the states, the Practice Lab will be updated to reflect the most recent information available.

Practice Lab 2021: 1040 View Phase I Rollout

30 Dec 21
Craig Smith
No Comments

Phase I of the 1040 View on Summary/Print has been updated to 2021. Development is aware various display issues remain and are actively working them. Updates will be made with future deployments.

VITA/TCE Customer Support Hours – NYE

29 Dec 21
Craig Smith
No Comments

TaxSlayer VITA/TCE customer support will be unavailable beginning Thursday, December 30th at 3:00pm ET. Tax season support hours will begin on Monday, January 3rd at 8:00am ET.

  • 12/30/21 – 8am – 3pm ET
  • 12/31/21 – Closed
  • 1/1/22 – Closed
  • 1/2/22 – Closed

Release Notes: December 29th – ACTC

29 Dec 21
Craig Smith
No Comments

The site will be placed in maintenance on Wednesday, December 29th, beginning at 5:00am ET to release the below update(s). Note that deployments may take up to 3 hours to complete. During this time, access to the program may be limited.

Advanced Child Tax Credit

  • The new Schedule 8812 is available in the Credits section for ACTC Reconciliation (2021 Update)

 

 


Click here to download a PDF of our Cumulative Release Notes & Program Enhancements.

VITA/TCE Customer Support Closed for Christmas

23 Dec 21
Craig Smith
No Comments

TaxSlayer offices will be closed on Friday, December 24th and Monday, December 27th. Normal support hours will resume on Tuesday, December 28th. We hope everyone has a safe and happy holidays.