K1X Release - 07/23/2025

990-Series Solutions

• Form 3800 Credits: This release enables the following 3800 releated Tax Credit forms for Tax Year 2024:

Form 3468 - Investment Credit

Form 6765 - Credit for Increasing Research Activities

Form 8846 - Credit for Employer Social Security and Medicate Taxes Paid on Certain Employee Tips

Form 8882 - Credit for Employer-Provided Child Care Facilities and Services

Form 8936 - Clean Vehicle Credit

Form 5884 - Work Opportunity Credit​

Form 8586 - Low-Income Housing Credit​

Form 8820 - Orphan Drug Credit​

Form 8994 - Employer Credit for Paid Family and Medical Leave​

Form 8844 - Empowerment Zone Employment Credit​

Form 8908 - Energy Efficient Home Credit​

Form 8941 - Credit for Small Employer Health Insurance Premiums​

• Form 3800: This release addresses an issue with CAMT and BEAT checkboxes both being marked when only one applies.
• Form 8995: This release addresses an issue with Line 12 allowing a negative value. This line will now display zero when there is a loss on Schedule D.
• Form 990-W: This release enables the editing of 990-W installment due dates and addresses an issue with dates not displaying as expected.
• Form 1118, Schedule B XML: This release addresses an issue with the XML improperly including a value for Schedule B, Part II, Line 12 when it is was a value of 0.
• Schedule A:
  • Part V: This releases an issue with Section C, Line 2 not previously populating.
  • Import Template: Options for type of Organization have been updated to be consistent with IRS options and User Interface options in Tracker.
  • Import Template: Tax Years within the import template have been updated.
• Schedule K: This release makes improvements to Schedule K, Part I, Column F data presentation and production of white paper supplement.
• Schedule R: This release addresses an issue with the Country name not matching in the user interface and the import template causing the import to not occur for certain entries.
• Schedule B:
  • With this release address data on Schedule B will not be truncated.
  • Statement order has been updated to match the order of the related form lines.
• Alabama Form 20C: This release addresses an issue with the behavior for the consolidated federal group checkbox being marked when not applicable.
• California CA-199 E-file: This release addresses an issue with returns being rejected when selection the "Page 1 only" filing option for CA-199.
• Illinois AG990-IL: Line 10 has been modified to produce a white paper if text is longer than the form space allotted.
• New York CT-13: The check box to indicate Final/Termination has been enabled with this release.
• Virginia Form 8879 or 8453: This release addresses an issue with missing signature information and PIN values.
• Maine Form 1120ME: This release addresses an issue with Paid Preparer information flowing to the return when not applicable.
• Iowa Signature Information: This release addresses an issue with the presentation of officer name and title.
• Extension Signatures NY and CT:  This release adds missing signature information to the NY CT-5 and CT-990-T and the CT-990T, respectively.
• Diagnostics:  This release addresses an issue with a 990-T diagnostic for QBI deduction being over the allowed amount triggering improperly.
• Package Printing:  This release addresses an issue with some engagements in package printing encountering a "Unknown cause of failure."
• Transmittal Letter: With this release Transmittal letter management access is properly limited to administrator accounts.

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

K-1 Aggregator

• California Resident / Nonresident Logic: indicate state of residency at the instance level, and any CA / NY K-1 data extract and mapped in the user interface will reflect the instance's indicated state residency. Only NY and CA at the moment and works on CA/NY K-1s going forward (e.g. this will not be retroactive to previously uploaded CA and NY K-1s).
• Default to Fed/State TI Tab: Upon clicking "Edit Investment" for any particular investment, user is taken directly to the Federal/State taxable income tab.
• Add Client Software ID: If a Return ID is associated with a particular instance, instance name will be appended to reflect the return ID.
• Instance & Investment Level: Adjust # Items per Page: Control how many items you view on a page at a time (10, 50, 100, 200)
• Default Direct to the First Non-Summary Activity: If an investment only has one activity, user is directly taken to that activity (rather than summary).