1040 Interim Release Notes for 20-7.5F

Date of Release: 10/29/2021

* New for This Release: Federal
* New for This Release: State
* Open Issues: Federal
* Open Issues: State
* Closed Issues: Federal
* Closed Issues: State

This document provides interim release notes and known issues for 1040, version 20-7.5F.

Important Information

Click these links for important information on using the system:

attaching PDFs as e-file attachments when you get an error message
freeing returns
disabling autofill in the browser

New for Tax Year 2020

Web Organizer

For the tax applications, you will experience changes that we have made to update the screens for a more standardized and modern look and feel. The navigation, screen locations, and data entry are all the same.

Differences between Web Organizer and Classic Organizer

After you delete a navigation node item, you will see a blank screen on the right.

When you right-click and select Related Items, the Web Organizer shows only actionable items. The Classic Organizer showed items even if you could not navigate to the landing page.

You have the option to send feedback. Go to the Help menu and select the feedback option to send an email with specific screen information from the server. This will help us better understand your feedback.

You only need to single-click to open a folder on the navigation tree. Double-clicking is no longer necessary.

FileCabinet CS Integration

We will not support integration with FileCabinet CS for Tax Year 2020 and subsequent tax years.

New for This Release: Federal

Forms Status

View the list of federal forms at this URL:
https://www.riahelp.com/html/2020/reports/fedforms/1040_Federal_Form_Status.pdf

New for This Release: State

State Releases

Please see the information on state release status at Home > State Availability > 1040 in the RS Browser.

Open Issues: Federal

Please see Customer Center for up-to-date information on post-release known issues.

Forms 8915-B/8915-C/8915-D

Forms 8915-B, 8915-C, and 8915-D were recently finalized by the IRS. These forms are still under development and will be made available in a future release.

Form 8915-E

We are aware of an issue with Part 4 of this form pertaining to the taking of a qualified distribution in a disaster area for the purchase of a main home.

Schedule K-1 QBI

Non-QBI losses (like pre-2018 losses) released in the current year and then suspended by another code section can become QBI losses if the sub-unit is subject to QBI.

Open Issues: State

Please see Customer Center for up-to-date information on post-release known issues.

South Carolina

We are aware of a print issue with Form SC1310 and will address it in a future release.

The following forms are under development and will be released in a future release:

Form TC-4
Form TC-4SA

Unemployment Compensation Exclusion

We are in the process of updating unemployment changes for those jurisdictions that have already issued guidance. We are also waiting for detail guidance from several states.

Closed Issues: Federal

Depletion

20-7.5F We corrected an issue where charitable contributions did not flow correctly to taxable income for 65% limitation depletion worksheet.

Depreciation

20-7.5F We corrected an issue where an asset received an incorrect reject diagnostic when that asset was qualified improvement property using 15 year 150% DB MACRS.

E-file

20-7.5F We corrected direct debit in the E-file spreadsheet when the option to Always include bank account information on Form 1040 page 2 is selected.

FinCEN 114

20-7.5F For FinCEN 114, the Part V Consolidated Report screen no longer requires a US or Mexican state or Canadian province.

Form 1040

20-7.5F We updated the text of the diagnostic for Rule Number IND-442 to include instructions on what to enter for an NRA spouse.

Form 1040-ES

20-7.5F We resolved an issue where validation errors triggered when one or more quarters had NONE for an electronic funds withdrawal.

Form 1045 NOL

20-7.5F We disabled the informational diagnostic regarding final instruction not yet being received.

Form 3800

20-7.5F We corrected an issue where a diagnostic triggered incorrectly for Box B and line 3 requiring line 21 to have a value.

Form 4562

20-7.5F We updated line 4d to properly handle a wash sale adjustment.

Form 6251

20-7.5F We updated the whitepaper supplement to state N/A for regular income depletion.

Form 6765

20-7.5F We added an option to select the eligible small business option on an activity-by-activity basis.

Form 8615

20-7.5F We corrected the calculation of the tax on line 9 when the Schedule D tax worksheet for the 8615 is used for the calculation.

Form 8978

20-7.5F We updated the system to allow negative values on line 11.

Qualified Business Income

20-7.5F We corrected a print issue with the QBI's Sub-Units Sorted by Aggregation Number worksheet where the reserved column should be blank.

Schedule E

20-7.5F We corrected a print overstrike on the whitepaper for the headers for Supplement to Schedule E and the 1120S K-1 Shareholder Basis.

20-7.5F For Schedule E, line 28, column G (Passive loss), we corrected an issue where the application double-counted the oil and gas PYCO subject only to 65% depletion when 1) the activity is a PTP or 2) the activity is nonpassive and Form 8582 did not print.

Closed Issues: State

Arizona

20-7.5F We updated Form 140NR withholdings, line 62 to carry in values from K-1.

California

20-7.5F Form 6198 NR, Section 179 passive losses now appear correctly.

20-7.5F We corrected an issue where California capital gain/loss additions or subtractions did not calculate correctly on the California Depletion Taxable Income for 65% limitation.

Kentucky

20-7.5F We corrected an issue where Form 740-NP, Page 4, line 17 disappeared/reappeared upon recalculation.

Maryland

20-7.5F We corrected an issue where Form 502, line 14 worksheet included the government obligation interest and dividend income from K-1(s) that was marked as an exemption for California.

20-7.5F We corrected an issue where the reject diagnostic for Rule Number Form502-01620-010 appeared incorrectly for returns not qualified for federal EIC but qualified for Maryland state and local EIC.

Massachusetts

20-7.5F We updated the Schedule LP Organizer date field to allow proper input.

Michigan

20-7.5F We corrected an issue where the business income from K-1 does not include the adjustment for excess business interest expenses on the Form MI-1040H, line 10 worksheet.

Montana

20-7.5F We updated the Montana Other Additions so that the data flows properly to the e-file.

New York City UBT

20-7.5F We corrected the PDF e-file attachments for the taxpayer and spouse so that they can be e-filed.

Ohio

20-7.5F We corrected an issue where the SSN / EIN did not print on the Form IT-NRC, Page 2 continuation forms.

Ohio Cities: Akron

20-7.5F We corrected an issue where the Ohio Akron letter and filing instructions did not have the correct extended due date of October 15, 2021.

Ohio Cities: Ohio RITA

20-7.5F We added the RITA city of Richmond Heights (670) to be available when selected.

Oklahoma

20-7.5F We corrected an issue where Form 511NOL Net Operating Loss, line D2 did not compute the correct percentage.

Oregon

20-7.5F We corrected an issue where Form OR-A, line 2 pulled the amount of federal AGI even though it is less than 0.

West Virginia

20-7.5F We updated the Schedule A description for other income when an unemployment deduction exists.

Tax Application Release Notes and Resources/2020_1040_interims.htm/TY2021

Last Modified: 10/29/2021

Last System Build: 11/08/2021