Blog Detail

Release Notes: May 21st – 1099-OID, IRC 1341 & Standard Deduction

21 May 21
Craig Smith
No Comments

The site will be placed in maintenance on Friday, May 21st, 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-OID

  • 1099-OID entry carrying to return as nontaxable (Issue 6047)

IRC 1341 Repayment

  • Add entry for IRC 1341 repayments in the Payments & Estimates menu (2020 Update)

STANDARD DEDUCTION

  • Deceased TP prior to turning age 65 receiving increased Standard Deduction in error (Issue 6162)

 


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

Print Article