CCH Axcess™ Tax
2014-4.0 Release Notes
June 28, 2015
Contact and Support Information
2
Information in Tax Year 2014 Release Notes
3
Highlights for Release 2014-4.0
4
CCH®
eSign
4
2014 Tax Updates
4
2014 Electronic Filing
5
Tax Product Updates
6
Individual (1040) Product Updates
6
Partnership (1065) Product Updates
9
Corporation (1120) Product Updates
12
S Corporation (1120S) Product Updates
16
Fiduciary (1041) Product Updates
19
Estate & Gift (706/709) Product Updates
21
Exempt Organization (990) Product Updates
22
Employee Benefit Plan (5500) Product Updates
23
Issues Addressed
24
Tax - Drill Down
24
Contents • 1
Contact and Support Information
Return to Table of Contents.
Product and account information can be accessed by visiting Customer Support online at
Support.CCH.com/Axcess. In addition to product and account information, the Customer Support site offers
answers to our most frequently asked questions, forms release status, Knowledge Base articles, training
videos, and operating systems compatibility for each CCH Axcess module. Access to these features is
available 24/7.
The following Web site provides important information about the features and updates included in all CCH
Axcess Tax releases: Release Notes
Visit the Application Status Web page to view the current status of our CCH Axcess applications. The
Application Status Web page is updated every 15 minutes.
Go to Contact Us to find Support calendars, as well as options to enter Web tickets for assistance.
Contact and Support Information • 2
Information in Tax Year 2014 Release Notes
Return to Table of Contents.
CCH Axcess™ Tax Release Notes inform you of the enhancements and updates that have been made to Tax
products and systems with the current release.
The updates provided in the Release Notes include the following:
Contact and Support information
Updates to Tax technology (electronic filing updates, Organizer, roll forward, technology
enhancements)
Updates made to Tax products (form additions and updates, changes in diagnostics, changes
caused by regulatory updates)
To access a list of CCH Axcess™ Tax Release Notes for the current year and for prior years, visit the Release
Notes page on our Customer Support site.
Information in Tax Year 2014 Release Notes • 3
Highlights for Release 2014-4.0
Return to Table of Contents.
CCH® eSign
eSign States
You can now request electronic signatures on qualified state e-file signature authorization forms when you
export a 1040 return for electronic filing.
Electronic signature is now supported on the following states' e-file signature authorization forms:
Arizona
Michigan
Arkansas
Mississippi
California
Missouri
Colorado
New Jersey
Georgia
Oregon
Indiana
South Carolina
Massachusetts
Vermont
Alabama and New Mexico will be supported on future releases.
2014 Tax Updates
Individual
California. Revised Form 3805V, Net Operating Loss (Regular and AMT) is now available. Line 5,
Adjustments to itemized deductions, has been added and is included in Line 6, Modified Taxable Income.
Overrides are available on the California Income/Deductions > Net Operating Loss Overrides and Carryback
> Adjustments to itemized deductions.
DHL. DHL is no longer an approved private delivery service for the IRS. Transmittal letters and filing
instructions for returns requesting the Private Delivery Service (PDS) option will no longer include a DHL
reference.
Partnership
Federal. A new option is available to request estimate payment amounts to be included in 2015 Pro Forma
for applicable states and cities. This option is on Federal > General > Return Options > Pro Forma Options >
Pro forma estimate amounts.
New York. An option is added to indicate Form IT-204 and Form IT-370-PF are self-filed and no longer
require a preparer name in electronically filed returns. This option is on New York > General Information >
Basic Data > Self-filer.
Highlights for Release 2014-4.0 • 4
2014 Electronic Filing
The following federal and state returns are approved and available on this release:
Individual
Returns with a nonresident alien (NRA) spouse present can be electronically filed. In order to file as an
“NRA” spouse, the filing status must be 5 or 6 and the spouse’s Social Security number must be
“666666666.”
Corporation
Vermont Consolidated/Combined
Highlights for Release 2014-4.0 • 5
Tax Product Updates
Individual (1040) Product Updates
Return to Table of Contents.
Federal
New Hampshire depreciation calculation uses a lower section 179 phase-out than federal ($25,000 and
$200,000).
Arkansas Electronic Filing
Information entered on the Income / Deductions > Income > Other Income and/or Income / Deductions >
Part-Year and Nonresident Income and Adjustments > Other Income field for the spouse on returns with a
filing status other than Married Filing Jointly are treated as taxpayer income and include the taxpayer's
name and ID number on Form AR-AIS.
California
Form 3805V, Net Operating Loss (Regular and AMT). Line 5, Adjustments to itemized deductions, now
calculates and is included in Line 6, Modified Taxable Income. Overrides are available on the California
Income/Deductions > Net Operating Loss Overrides and Carryback > Adjustments to itemized deductions.
Form 568, Schedule B, Lines 6 and 7, no longer appear on a Schedule C entity return.
Connecticut
The original return column is populated on Form 1040X when the filing status changes from jointly filed to
not jointly filed or vice versa.
The ratios on Form 8960, Lines 13, 16, and 19, are limited to 1.
When overrides are used for the yes/no income source questions on Form 1040AW, Part 3, only yes or no is
selected.
When $0 is paid with the Connecticut extension and no federal extension is filed, the letters and filing
instructions include instructions about mailing the extension.
Delaware
The Delaware version of Form 8960 taxable interest on Line 1 reflects the correct amounts.
The Delaware version of Form 8960, Line 15, populates with the correct amount.
Form 200-01, Page 2, Line 31, includes oil depletion addition when Delaware is the home state, but
depletion is coded to a different state so that federal depletion exclusion is reflected.
Louisiana
For nonresidents, when nonrefundable credits on Schedule G are limited, Schedule G totals the amounts
allowed for the current year.
Form R-540V-SD prints complete name, address, and payment information for nonresident athletes.
Tax Product Updates • 6
Form EXT-1. When the amount paid with extension has an override of $0, the extension reflects the
override.
Montana
Form 8960, Part IV, Line 17, calculates the spouse's unconditional tax payments attributable to investment
income.
Nebraska
Net operating loss carryovers incurred in 1998 carry forward for 20 years.
New York
Addition code 201 prints in Part 2 when entered on the federal passthrough forms.
Diagnostic 21932 issues when losses have been included in household income calculation on Form NYC-208.
Form IT-201-V is prepared for amended returns.
Form IT-606, Line 34, is limited to a maximum of 1.0000.
The amount already paid toward MTA estimates is included in the totals in letters and filing instructions.
New York Electronic Filing
Codes have been added to the Electronic Filing PDF Attachments input to allow for entry of Form IT-603
Certificate of Eligibility and Empire Zone Retention Certificate.
Pennsylvania
Form RCT-102, Page 4, defaults to no on Lines 1a, 1b, 1c, and 2, when questions are not answered in return.
Schedule A creates only when tax-exempt interest is present on 1099DIV. The amount is reported and
backed out, and taxable amount is reported on Schedule B.
Schedule SP prints the spouse name when the filing status if Married Filing Separate.
Schedules A and B produce for a resident or part-year resident taxpayer when another taxpayer is a
nonresident.
The spouse's version of Schedule B, Line 8, includes half of jointly coded capital gains distributions.
The spouse Schedule RK-1 shows dividends and royalties from an S Corporation.
When only Educational Improvement Tax Credit and/or Opportunity Scholarship Tax Credit exist, only one
Schedule OC produces.
Pennsylvania - Pennsylvania Cities
Married filing jointly estimates include the spouse name on estimate vouchers.
Pennsylvania Electronic Filing
Filing instructions exclude special instructions to sign and mail REV-459B when the return is being e-filed,
since REV-459B is included as part of the electronic file.
Form 8879 prints the preparer signature date when the option is selected in the return configuration set.
Tax Product Updates • 7
Form RCT-106 Tax Type defaults to Capital Stock/Foreign Franchise Tax when no income amounts are
entered to determine Tax Type.
Philadelphia
Form BIRT-EZ, Page 2, Line 1, picks up rental property income or loss from Schedule E.
Forms NPT and BIRT pick up Income from Sale of Business Capital Assets and create a statement showing
detail.
Philadelphia filing instructions are prepared when BIRT overpayment is credited to NPT balance due.
Tax Product Updates • 8
Partnership (1065) Product Updates
Return to Table of Contents.
Federal
Carryover of section 179 from passthrough entities is excluded from book depreciation on Schedule M-3, Part
III, Line 25, due to taxable income limitation.
Form 3115. Form 3115, Page 6, Section D, Part II, Question 3a, will populate only on the Form 3115 where
there is a description of the inventory change.
Multiple AMT versions of Form 6252 will now print in the order that corresponds to the regular versions of
the form, when applicable.
Schedule K-1. The K-1 copy of the Investment Tax Credits worksheet is now only prepared for a partner
when there is an amount for one or more of the credits.
Separate Schedule K-1 PDFs will produce when the option is selected to suppress cover sheets.
Alabama
Form BPT-IN, Line 3D, will now show the Secretary of State ID Number when entered even when there is an
FEIN and/or a BPT Account Number present. The BPT-V voucher will also show the Secretary of State ID
Number if there is not a valid FEIN present.
California
Forms 3885P and 3885L, Line 2, now include assets that have a zero amount entered for the cost/basis.
Connecticut
Other state income and deductions from a Pass-through entity with a state code of "CT" are now included on
Form CT-1065/1120SI, Page 2, Schedule C, Column B.
The charitable contributions supporting statement for Form CT K-1 is no longer issued for residents or
corporate members.
District of Columbia
Form D-30, Line 39, now includes the amount on the Minimum Tax Liability Gross Receipts worksheet when
it is a combined return.
Form D-30, Line 41a, no longer includes the "Incl. penalty" message if it is equal to zero.
Form D-30, Line 47, now includes the underpayment penalty reported on Schedule 1, Line 47.
Schedule 1, Line 33, now includes post-apportioned salary allowance and exemption from Form D-30, Lines
32 and 33, for the designated member or Combined Report > Unitary Return DC taxable income > Salary for
owner/member services and exemption for other members.
The Combined Members' Schedule, Columns D and F, can be answered using District of Columbia (D-30) >
General > Basic Data > Is member new to combined group? and Does the member have nexus in DC? fields.
The preparer signature now prints on Form D-20 when requested on General > Return Options > Preparer
Information or in the return configuration set.
Tax Product Updates • 9
The world wide check box and year election on Schedules 1 and 2 are now completed based on District of
Columbia (D-30) > General > Basic Data > Date worldwide election was made.
Georgia
Form CR-ES will fill with an amount and print if the option to prepare a mandatory estimate has been
selected.
Hawaii
Schedule D-1, Lines 4 and 16, will no longer double when pulling numbers from the Federal 6252.
Indiana
The worksheet passthrough Credits, Line 1, "Check if Partnership" box, is no longer applicable for 2014 and
this field has been made inactive. The help for the Edge and Edge-R credits has been updated.
Kansas
Form K-40C, Page 1, Column 9, will now reflect the correct amount when the option for head of household
with additional standard deduction has been chosen as the partner's filing status.
Massachusetts
The filing instructions are updated to no longer include unnecessary characters printing before references to
"MADOR."
Mississippi
Form 83-131, Page 1, Line 3, will display the correct percentage that matches the totals from the
supplemental print pages.
Montana
Montana Schedule IV, Column C, is now calculated by dividing Schedule III, Column D, by Form PR-1, Line
21, and then multiplied by Form PR-1, Line 15.
New Hampshire
Subject to tax in another state has been added to Non-Consolidated Member worksheet, Allocation and
Apportionment section.
New Mexico
Form PTE, Line 5, will now pick up the amount from RPD-41367, Line 5, unless New Mexico >
Payment/Penalties > Tax withheld and paid by the PTE field is used.
New York
Form IT-204, Section 5 statements, are no longer prepared if the M-3 box is checked.
Form IT 204-IP now includes estimates paid for MTA when paid after 1/15/2015 and before 4/15/15.
Tax Product Updates • 10
New York - New York City
NYC-200V will no longer print when there is no balance due in a NYC-204EZ return.
Ohio
The Ohio extension input worksheet under Federal > Other > Extensions > Section 3 will no longer generate
amounts from other states' extension inputs.
Oklahoma
Form SOS 0097 filing instructions are updated to include the most recent ZIP code.
Pennsylvania
Form 20S/65 extension payments are no longer included on Form REV-414 or Schedule NW.
Form REV-414, Part C, no longer includes payments that have been previously deleted on recalculated
returns.
Schedule RK-1 and Schedule NRK-1 now suppress when the option to suppress is requested.
Special allocation code 40131 now processes as expected when the override has been entered on
Pennsylvania (PA-65) > Payments/Penalties > Tax Payments Nonresident Withholding > Pennsylvania tax
withholding payments.
The issuance of diagnostic 46485 is updated for returns with foreign rentals.
Wisconsin Electronic Filing
Diagnostic 46276 will generate if Form PW-1 has approval to discuss with a third party selected on the
Wisconsin > General > Basic Data worksheet section and either the name or PIN of the designee is missing
from the Basic Data worksheet section.
Tax Product Updates • 11
Corporation (1120) Product Updates
Return to Table of Contents.
Federal
Form 1120X. The standard instructions for Form 1120X now reflect the correct balance due or refund in all
return situations.
Input in 1120-C > 3-Section 1382, Allocations, and Overrides > 17- Deductions - overall percentage can now
be used to allocate other rental and farm expenses to Schedule G.
Schedule J, Line 10, Column (iv) for recapture of overall domestic losses is updated to allow up to 50% of
U.S. source income in Column (iv) to be allocated, when two or more categories of income and Part IV
beginning balance are present.
The import functionality for sale and acquisition dates from Schedule DB, Part B, Section 2, has been
updated.
Power Pack
Unpaid losses (before book limitation) are now gross of salvage and subrogation. And salvage and
subrogation are now reported separately (on Schedule F, Line 7), when there is a book limitation on unpaid
losses (Schedule F, Line 2b).
Arizona
Arizona Form 120, Line A1, now reflects the correct amount of federal depreciation when business use of
assets is less than 100%.
Connecticut
A Connecticut parent return of a consolidated group that has been excluded from the federal consolidated
filing on the Federal Common State worksheet > Consolidated Return Information > Member of federal but
not for state can now be electronically filed.
The state adjustment for disposition of assets will now calculate based on the federal return when an entry
is made on Connecticut Income / Deductions worksheet > Adjustments and Overrides > Calculate state
adjustment.
District of Columbia
Form D-20ES quarterly payments now uses the installment adjustments entered on Payments/Penalties >
Estimates and Application of Overpayment > State Estimates and Application of Overpayment Detail.
Form D-20ES, net estimated tax due, can now be overridden on Payments / Penalties > Estimates and
Application of Overpayment > State Estimates and Application of Overpayment.
Form D-20, Preparer's PTIN now prints instead of the ID number when using the individual preparer code on
General > Return Options > Preparer Information (Interview Form 3, Box 40) or Office Manager entries.
Schedule UB nonrefundable credits are no longer applied toward the minimum tax amount.
Schedule UB now prints when credits have been limited to 0 to show the carryover amount on the attached
statement.
Tax Product Updates • 12
The combined version of Schedule UB is updated for print specifications and the information for line 5 is
now included.
The preparer signature now prints on Form D-20 when requested on General > Return Options > Preparer
Information or in the return configuration set.
Florida
The Section 179 IRC expense amount carried Form F-1120, Schedule II, Line 9, will no longer double the
2014 amounts.
Form F-1120, Schedule I, Line 18, will appear for the AMT column and the supporting statement, if
applicable.
Hawaii Consolidated
Form N-30, Page 2, Schedule J, Line 10, will no longer double in a consolidated return due to an automatic
consolidated adjustment.
Illinois
IL-1120, Line Q, accounting records, will now use foreign address information entered as the taxpayer's
address.
Schedule 4255, Line 15, distributive share amounts, coming from Schedule EF K-1-P, Lines 53a and b, are
now included on the last Schedule 4255.
Illinois Combined
Schedule UB, Combined Apportionment for Unitary Business Group, Page 2, Line 27, total deductions, with
1120-L separate entity will now include Line 23, small life insurance company deduction.
Schedule UB/NLD, Lines 14, 19, and 25, are now blank when Line 8 is a negative amount.
Indiana
FIT-20, Line 37 statement no longer appears on fiscal year returns and the tax rate now calculates at the
blended rate of 8% for fiscal year returns.
Form IT-20, Line 4 addback description for code 114 no longer truncates the description.
Kentucky Consolidated
Form KCR now details out the KY contributions from other deductions and there is no longer an adjustment
for those contributions. Form KCR and Form 720 and Schedule O now reconcile.
Kentucky Electronic filing
Diagnostic 48724 no longer issues if Form 4562 is not present in the return.
KY Schedule K-1GP (Electronic Filing Only) Form Lines 50 through 57 now include all appropriate input that
is entered in the return.
Tax Product Updates • 13
Maine Electronic Filing
A preparer email is no longer included in the electronic file if Federal > General > Return Options > Preparer
Information > Suppress printing of preparer information is checked.
Massachusetts
Schedule ABIE will no longer require an entry on Exception 2, Line 1.
Maryland Electronic Filing
The three digit code numbers entered at the bottom of Form 500 will now be included in the electronic file.
Minnesota
If the return configuration set 1120/1120S option is set to suppress printing of state estimate vouchers in the
government copy of the return, Minnesota now responds properly to the override option on General > Return
Options > Processing Options - Overrides Office Manager - 42 Printing of state estimate vouchers for EFT.
New Jersey
Form 305, Manufacturing Equipment and Employment Investment Tax Credit, now limits the current year
credit to tax in excess of minimum tax liability.
New York
Filing instructions will now reflect the latest e-payment web address.
Modified the software to calculate late filing penalty when only that option is selected; without late
payment penalty calculation requested.
Ohio Cities
The contribution carryover statement now includes an entry for the 2013 tax year.
Pennsylvania
Masking is no longer applied to the Preparer/Firm EIN on Form PA RCT-101, Page 6.
Vermont Electronic Filing
When the return is exported for electronic filing, the text, "This Is Not A Fileable Copy," will no longer show
at the top and taxpayer signature line on Form 8879-VT-C.
West Virginia
The Form CNF-120 Schedule NOL and the detail carryover schedule will now include the year 1998 for West
Virginia net operating losses.
Wisconsin
Form 6, Part VI, Page 11, Lines 7 and 8, are the same in print as on screen on all sheets if there are more
than three companies in the combined group.
Tax Product Updates • 14
Form 6Y - Wisconsin Modification for Dividends, is now available for processing for both paper and
electronically filed returns.
Form U, Part II, Line 37, will show the sum of Form 6, Lines 21 and 22, in combined returns using the
annualized underpayment calculation. Amounts entered on the Federal > Income/Deductions > NOL
Carryover/Carrybacks detail>State NOL Companion Information worksheet section in the separate company
return for all companies in a combined group will be added to the prior year group income to compute the
pre-2009 net business loss used and carried forward.
In the list of values on the Wisconsin > Credits > Carryforward of Unused Credits worksheet section Credit
code field, option 19 (Manufacturer's Sales Tax Carryforward) should not be used and has been marked
inactive in the description.
Prior year pre-2009 net business losses used can now be either directly input or calculated from input. To
directly input the amount enter the amount used in the company with the pre-2009 loss carryforward on the
Federal > Income/Deductions > NOL Carryover/Carryback detail > State Carryover Companion Information
worksheet section using the Year and "Amount Use 3" fields for Wisconsin NOL using the Year column and the
"State Use Amount 3" Column.
Schedule CF will only be created when credit carryforwards is calculated, or input present on the Wisconsin
> Credits > Carryforward of Unused Credits worksheet.
Form 6, Part I, Line 35, eliminations adjustment amount, is the total of the eliminations adjustments
amounts from Form 6, Part I, Lines 28 through 34.
Tax Product Updates • 15
S Corporation (1120S) Product Updates
Return to Table of Contents.
Federal
Ratio ID number can be used to specially allocate recaptured current year COD income and OID deduction.
The optional statement for Form 4797 entitled "Automatic Sale Information" that is triggered by Income /
Deductions >Section 179 / 280F Recapture >Produce Bulk Statement field will now include assets that have
Section 179 when such assets are forced onto Form 4797 using Income / Deductions > Section 179 / 280F
Recapture >Treat Section 179 Recapture on Dispositions as Depreciation field.
Alabama
Form 20S Schedule F, Line 6 statement, will now reflect what is shown on Schedule F, Line 6.
Alaska
QSUB information has been reinstated so Form 6000, Sch B, may be filled out.
Alaska Electronic Filing
Qualified returns will now be available for upload.
Arizona
Special allocation codes 3635 (Other additions to taxable income) and 3639 (Other subtractions from
taxable income) no longer cause doubling of the allocated amounts of these items to shareholders.
District of Columbia
Combined Schedule UB now includes Line 5 from subsidiaries.
Form D-20ES quarterly payments will use the installment adjustments on Payments/Penalties > Estimates
and Application of Overpayment > State Estimates and Application of Overpayment Detail.
Form D-20, Preparer's PTIN will print instead of the ID number when using the individual preparer code on
General > Return Options > Preparer Information or the return configuration set entries.
Schedule UB nonrefundable credits are no longer applied toward the minimum tax amount.
Schedule UB will now print when credits have been limited to 0 to show the carryover amount on the
attached statement.
The preparer signature will print on Form D-20 when requested on General > Return Options > Preparer
Information or in the return configuration set.
Indiana
IT-20S Taxpayer Recap, Schedule D, now correctly displays all of the detail information entered for taxes
and licenses on the Federal 1120S.
Schedule IN-EDGE will now be suppressed when the composite members have opted out of the composite
return.
Tax Product Updates • 16
Indiana Electronic Filing
IT-20S Taxpayer Recap, Schedule B, now correctly displays all of the detail information entered for other
income on the Federal 1120S.
IT-20S Taxpayer Recap, Schedule D, now correctly displays all of the detail information entered for other
deductions on the Federal 1120S.
Kentucky
The Kentucky Amended Composite Tax Return cover letter now prints with the return.
Maine
Input is now available on Maine > General to suppress Schedule 2P and Form 941P-ME, Lines 1 - 3, when
withholding is paid by another tiered entity.
Missouri
The Amended Composite Return letter is now included with the return.
New Jersey
Federal and state depreciation differences from installment sale now show on Worksheet GIT-DEP, Part IV.
North Carolina
NC-425 credit amounts reported on Line 16 that included the following obsolete tax credits have been
removed:
Conservation Tillage
Handicapped Dwelling
Poultry Composting
Subscriber Charges
Gleaned Crops
Form NC-425 check boxes, Scan Data, 16 'RF' 'QB' and 'ER' are updated to answer 'Y' or 'N' appropriately.
Oregon
The OR 20-S, Schedule SM, Line 8, worksheet cross-reference has been updated.
Rhode Island
Apportionment is now being applied to the Section 179 expense being included as income on the RI-1096PT.
South Carolina
The audit location on Form SC1120S, Page 1, will now use the override from the Common State > General
worksheet.
Form SC1120S, Schedule G, will now recognize the sales ratio override entered for Schedule H-1, even if the
total sales everywhere is equal to zero.
Tax Product Updates • 17
Wisconsin
The statement for amended returns has been changed to use the word overpayment instead of refund.
Amended letters and filing instructions will show the amount to be refunded to the taxpayer in the amended
results section instead of the overpayment amount.
Tax Product Updates • 18
Fiduciary (1041) Product Updates
Return to Table of Contents.
California
Form 541-B, Line 17, taxes expense, will no longer include CA state income taxes paid.
Schedule K-1, Line 12a, adjustment for alternative minimum tax purposes, will now calculate when Form
541, Line 18, Income distribution deduction is zero, and the AMT income is distributed to the beneficiaries
on a final year return.
Colorado
Form DR 0145, designee first and last name, will now populate with entries on Form 2848 Power of Attorney
and Form 8821 Tax Info Authorization > Representatives / Appointees worksheet section.
Colorado Electronic Filing
Form DR 8453F, Part III - Declaration of ERO/Preparer/Transmitter. The check box indicating that the
transmitter did not prepare the tax return will now be checked unless the option to transmit the electronic
return through a third party other than CCH is selected on the Electronic Filing > General > Transmit
electronic return through 3rd party other than CCH.
Connecticut
Form 1041-FA, Line 4, CT taxable income from CT sources, will now include ESBT income.
Schedule K-1 and Schedule K-1T will now only print when required unless the option has been selected on
the CT General > Basic Data > Force printing of Sch K-1s and K-1T when not required.
Georgia
Form 525-TV for amended returns will now reflect the balance due calculated on Form 501X.
Illinois
Form IL-1041, Line 24, Other subtractions, will now reflect an override entered on Beneficiary Basic Data >
State K-1 Information > Tax refund percent.
Illinois Electronic Filing
Schedule F, Line 1, Column M, will now pull the lesser of Column G and Column J in all scenarios.
Michigan
Form 1041, Page 2, Line 8a, will now correctly display a net operating loss from an electing small business
trust.
Form MI-4797, Column D, will now reflect the federal portion of ordinary income entered on Gains and
Losses > Business Property, Casualty, and Theft.
Missouri
Form MO-1041T, the nonresident check box will now be marked for nonresident charitable trusts.
Tax Product Updates • 19
Form MO-NRF will no longer print when a nonresident MO return has 100% Missouri sourced income.
Missouri Electronic Filing
Form 1041, Page 2, Part 2, Column 5, Share of federal distributable net income, will no longer include
undistributed tax exempt income.
Form MO-1041, Page 2, Part 2, Column 5, will no longer calculate a negative amount of distributable
income to the beneficiaries.
New Mexico
Form FID-D will now print all pages when multiple pages are present.
Wisconsin
Schedule OS. Overflow pages, farm income/loss, and rent/royalty will now print on the correct lines.
Tax Product Updates • 20
Estate & Gift (706/709) Product Updates
Return to Table of Contents.
Connecticut
The following preliminary Connecticut forms are available for dates of death in 2015:
Form CT-706/709
Form CT-706 NT
Tax Product Updates • 21
Exempt Organization (990) Product Updates
Return to Table of Contents.
Federal
The Custom Filing Instructions for Form 114 will now print on the grid.
The electronic filing instructions paragraph in the Custom Filing Instructions for the Form CA 199 will be
generated when the return has been set up for electronic filing, regardless of whether the automatic
extension for this form has been requested or not.
Indiana
IT-20NP, Line 15, now uses a .0725 tax rate for calendar year returns instead of .0775.
Virginia
Form 500, Section C, NOL. The statement is now produced when more than one NOL year is entered and the
amount in the net modifications column on the statement no longer doubles.
Tax Product Updates • 22
Employee Benefit Plan (5500) Product Updates
Return to Table of Contents.
Federal
Plan year end dates in the month of October will export in the electronic file.
Tax Product Updates • 23
Issues Addressed
Return to Table of Contents.
Issues for the following CCH Axcess™ Tax feature was resolved and is included in release 2014-4.0.
Tax - Drill Down
The Drill Down feature on Schedule C, Line 10, takes you to the correct entity if there is more than one
Schedule C in the return. (123751)
Issues Addressed • 24