Hello! Please review the following changes that have been introduced as part of this K1x release.
990-Series Solutions
- 990, Schedule O: Text on Schedule O will no longer overlap when there are multiple entries.
- 990PF, Part 1: Diagnostic for line 7 has been updated both for content and for conditions to trigger.
- Form 2220: Form 2220 calculations have been adjusted to reflect proper underpayments length and for calulcations within leap year dates (366/365).
- Wisconsin 4T (2023):
- Updated tax table calculation on line 19 for Trusts.
- Tax Year dates will now flow to Form 4T page 1.
- Indiana NP-20: Beginning and Ending dates for fiscal returns have been adjusted by one day to reflect the proper tax year.
- Minnesota M4NPA: Form is now generated based on response to the question "Was any buisness conducted outside of Minnesota?" on main return.
As a reminder, you can find detailed statuses of forms on the Tax Year 2024 Supported Forms page at https://go.k1x.io/2024-supported-forms
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