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Release Notes: January 7th – User Guide Update

06 Jan 21
Craig Smith
No Comments

The site will be placed in maintenance on Thursday, 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.

2020 TAXSLAYER PRO ONLINE USER GUIDE

  • Within the 2020 application (Helpful Tools menu), update the user guide to use the current 2020 edition

 


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

Release Notes: January 6th – Recovery Rebate Credit

06 Jan 21
Craig Smith
No Comments

The site will be placed in maintenance on Wednesday, January 6th, 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.

RECOVERY REBATE CREDIT

  • Correct an issue where the Recovery Rebate Credit was not calculating when applicable (Issue 5178)
  • Update page to include an input field for the second EIP received shown on Notice 1444-B (2020 Update)

 

 


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

Practice Lab: 2020 State Returns – LIVE

05 Jan 21
Craig Smith
No Comments

1/5/2021 – 2020 State Returns are now live! Please note the information posted below when reviewing the initial state application release.

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


The initial release for 2020 state returns will be this week. The expectation is to have them turned on by mid-week (Wednesday). This blog post will be updated once they are live.

It is important to keep in mind when accessing 2020 state returns once live, some states may have been delayed (and are still experiencing delays) in releasing final 2020 forms/instructions due to the late passing of any legislation and impact of COVID-19.  As you prepare 2020 state returns in the Practice Lab, you may still see 2019 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.

Release Notes: January 5th – Form 1099-NEC & Form 7202

04 Jan 21
Craig Smith
No Comments

The site will be placed in maintenance on Tuesday, 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.

FORM 1099-NEC

  • Enable the EIN database within Form 1099-NEC (Issue 5159)
  • Correct the issue where income is removed from the Schedule C when going back into a 1099-NEC and continuing through (Issue 5166)

FORM 7202

  • Form 7202 is now available in the Credits Menu (2020 Update)

 

 

 

 

 

 

 

 


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

TaxSlayer VITA/TCE Support: Support Hours for New Years

31 Dec 20
Craig Smith
No Comments

TaxSlayer VITA/TCE Support will be closed beginning Thursday, December 31st at 12:00pm ET. Regular off-season support hours resume Monday, January 4th at 8:00am ET. Extended support hours will begin when “Start New Return” in 2020 is live (tentatively scheduled for January 18th).

Release Notes: December 31st – RRC & SE Deferral

30 Dec 20
Craig Smith
No Comments

The site will be placed in maintenance on Thursday, December 31st, 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.

RECOVERY REBATE CREDIT

  • Correct an issue where the RRC was not displaying on Line 30 of the 1040 (Issue 5162)

DEFERRAL OF SE TAX

  • Update backend mapping to calculate deferral of SE tax and carry to PDF

 


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

New Forms Now in 2020 Practice Lab

30 Dec 20
Craig Smith
No Comments

The below new forms are now available in the application.

  • Note: Form 8915-E is not yet available.

Deferral of Self-Employment – This is now available in the Schedule SE page. The total net earnings will be displayed for ease of use.

 

 

 

 

 

 

 

 

 

Form 7202 – This is now available in the Credits Menu

 

 

 

 

 

 

 

 

Schedule LEP – This is now available in the Personal Information page

 

 

 

 

 

 

 

 

Recovery Rebate Credit – This is now available in the Basic Information menu

 

 

 

 

 

 

Form 1099-NEC – This is now available in the Income menu (1099-MISC has also been updated to 2020)

Release Notes: December 30th – Schedule SE

29 Dec 20
Craig Smith
No Comments

The site will be placed in maintenance on Wednesday, December 30th, 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.

SCHEDULE SE

  • Add inputs for Self-employment Tax deferral inputs within Schedule SE menu (2020 Update)

 

 

 

 

 

 

 

 

 


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