K1X Release - 03/19/2025

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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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