ARKANSAS INITIAL RELEASE
Release date: January 2016
All packages are included in this shipment.
e-File has been approved for all packages.
New Forms:
•
AR-RET, Arkansas Retirement Exclusion Worksheet
•
ARWK_DA, AR1000D Capital Gains Worksheet
•
AREF_ACK, State version of the 9325 for all packages.
Modified Forms:
•
AR1000D, Arkansas Capital Gains Schedule
New Features:
•
Additional dependent codes on federal screen 2 have been added to specify the type of disability that
afflicts the dependent (Spina Bifida, Downs Syndrome, Mental Retardation, Autism, Epilepsy, and
Cerebral Palsy).
•
Optional Binary Attachments have been added for all packages.
•
Per new AR DOR E-File requirement, all personal returns with Credit for Taxes Paid to another State
will automatically include the other state’s tax return as a .PDF.
Tax Law Changes:
•
The standard deduction for both individuals and fiduciaries has been increased by $200, from $2,000
to $2,200 (ACT 1488 of 2013).
•
Net long-term capital gains are subject to a 45 percent exclusion (formerly a 30 percent exclusion)
except those gains which were realized in January 2015, in which case the applicable exclusion is 50
percent (ACT 1173 of 2015).
•
The low income tax bracket has been reduced by 1/10 of one percent for taxpayers with income less
than $21,100 (ACT 22 of 2015).
Spanish Support: Si te gustaria hablar con alguien en Español, llame al (828) 349-5500, y trataremos de conectarle con uno
de nuestros agentes de apoyo que hablan Español.
Note: If you received a damaged or bad CD, contact Drake Software Support at (828) 524-8020; by fax at (828) 349-5718;
or by email at Support@DrakeSoftware.com. Include your name, company name, and EFIN with your request.