Limitations

• Form 1062 – Deferral of Tax on Gain From the Sale or Exchange of Qualified Farmland Property to Qualified Farmers is not available. E-file and printing are not supported for this form.

Changes

05/08/2026 Release

• 1099-B, 1099-DA, and 1099-OID entry options expanded: When entering investment income, you can choose manual entry, file upload, or connecting to a financial provider (OFX), depending on the form.
• 1099 entry screens: The upload option on selected 1099 and 1098 entry screens may be hidden during a transition to an updated document-scanning service. Manual entry and provider import remain available when upload is not shown.
• Form 8889 Line 13: The HSA deduction on Line 13 follows updated calculation rules.
• Sale of home reduced exclusion: Reduced exclusion amounts on the sale of your home calculate per IRS instructions.
• Form 4136: Credit for Federal Tax Paid on Fuels follows updated inclusion rules across individual and business return types.
• Depreciation report: Future-year amounts on the depreciation report reflect current asset settings.
• 1065 Review Business Info: The Review Business Info section retains your selected individual or entity name in Online 1065 returns.
• 1120 e-file return landing page: The Consumer Online 1120 e-file landing page displays as designed.
• Dependent info and address: Dependent and customer address fields populate correctly on C Corporation returns.
• About Dashboard: Date of birth appears in the You and Spouse sections on the About Dashboard.
• Bundle File Later: The Bundle File Later page appears only when applicable for your federal and state purchase path.
• State extension flow: State extension flow supports soft-attach states.
• Itemized and standard deductions: An extra summary step was removed to streamline the interview.
• Entry-method selectors: Entry-method screens for common 1099 and 1098 forms follow standard interview navigation.
• Provider selection: A skip option is available on the provider-selection screen in the linear interview flow.
• Print templates: Updated print templates for Forms 8827 and 8938.
• This release includes background updates across multiple federal packages.

04/22/2026 Release

• Form 4868 extension balance due: Extension balance due reflects payments already made when prior-year AGI is below $75,000.
• Form 3468 Investment Tax Credit Part V: Part V lines 6(a–e) calculate when qualifying data is entered.
• Form 4136 e-file attachment: Schedule A (Form 4136) is included in e-file only when multiple copies are required.
• Schedule K-1 (Form 1065): Partner identification on Schedule K-1 follows updated e-file schema rules.
• Form 3800 for Form 990 filers: Parts I and II are suppressed on print and e-file when Form 3800 is filed only for eligible pass-through entity purposes.
• 1099-R income dashboard: Joint returns show the recipient name on 1099-R distribution cards.
• Estimated tax worksheets: State estimated tax worksheets use updated combined state and type codes.
• Form 4720 extension: Form 4720 extension is available for e-file when selected.
• Child Tax Credit description text and e-file timestamps were updated.

04/16/2026 Release

• Federal Estimated Tax Q&A (Q1–Q4): New FedQ1–Q4 interview flow and components.
• Document photo capture: Take a picture of a tax form for import where supported.
• Document import: Improved guidance when document import needs manual follow-up.
• Document Import Hub: Clearer Upload Doc and assignment steps in the federal flow.
• Payments page (mobile): Component order on the payments page was updated for mobile.
• Roth IRA contribution limit: Contribution limits reflect Difficulty of Care income rules.
• Form 8949 attachment: Accrued market discount follows updated limits.
• Form 3800 Part 3: Part 3 creates when related credits apply.
• Form 6781 Line 1: Line 1 print content follows form instructions.
• Age 65 checkbox: Default settings for the age 65 checkbox were updated.
• Section 1260(b) e-file: This release includes background updates for Section 1260(b) e-file fields.
• Hybrid dashboard routing: OID import flow returns to the dashboard as expected.
• Bundle File Later: Not shown for federal-only returns with no state.
• FedQnA topic list: Mortgage Interest topic list entry was updated.
• 1099 import link: Institution import link is available within supported return types.
• Form 3115 business codes: Unclassified business code uses value 999000.
• Form 4136: Availability follows product configuration for individual and business returns.
• Scope: Updates apply across individual, fiduciary, partnership, corporation, S corporation, and exempt organization products where noted.

03/26/2026 Release

• Straight-line depreciation: For SL assets, prior-year depreciation is no longer imported.
• Joint vs. Separate filing comparison updated: If you’re married, the tool that helps determine whether filing jointly or separately is better for you has been refined. It now considers only the Voluntary Life Insurance deduction (rather than tips, overtime, VLI, and senior deductions combined) when comparing the two filing statuses. This may change the recommendation you see, but does not change your actual tax amounts.
• Child Tax Credit calculation improved: The Child Tax Credit calculation was updated to use a centralized value instead of a hardcoded amount. If the credit remains $2,000 per qualifying child, you won’t notice any difference. This change ensures the system can adapt more quickly if Congress changes the credit amount.
• Dependent care credit eligibility expanded: The dependent care credit now checks whether your dependent has a valid taxpayer ID (not just a Social Security Number). If your dependent has an ITIN or other qualifying ID, they may now qualify for the credit — potentially increasing your refund.
• Overtime and tip income rounding corrected: A rounding issue was fixed for overtime and tip income reported on W-2s, 1099-MISC, and 1099-NEC forms. Previously, amounts were rounded to whole dollars too early in the calculation. This fix may cause small (a few dollars) differences in your adjusted gross income if you have qualified overtime or tip income.
• Section 1256 contract support added: If you import investment data electronically and have Section 1256 contracts (regulated futures, foreign currency contracts, etc.), the system now properly captures those profit and loss amounts. You’ll also see a reminder if contract data is present but Form 6781 hasn’t been added to your return.
• Prior-year comparison on income cards: You can now see last year’s amounts alongside this year’s for dividends, interest, retirement distributions, W-2 wages, railroad retirement, and other income — making it easier to spot differences.
• Improved import flows: Importing Schedule K-1 data via document scanning and importing investment income electronically have been streamlined.
• Form 8915-F display fix: The spouse’s name now displays correctly on the disaster distribution worksheet description.
• Various alert and validation improvements: New warnings added for Form 8621 negative amounts, Form 8911A depreciation issues, and other edge cases to help catch errors before filing.
• Print and e-file formatting fixes: Minor corrections to how certain forms print and transmit electronically, with no effect on calculated amounts.

03/12/2026 Release

• Child Tax Credit (CTC): Dependents with SSNs not valid for employment follow updated Child Tax Credit eligibility rules.
• ADS Straight-Line Depreciation: ADS (Alternative Depreciation System) calculations were updated.
• Bonus Depreciation Statement: No Bonus Election statement print output was updated.
• State Depreciation Worksheet: State depreciation worksheet calculations were updated.
• Schedule A (1040-NR): Schedule A routing and calculations for nonresident returns and dashboards were updated.
• 1099-Q Box 4b: Box 4b is available on Form 1099-Q in the form, interview, and calculations.
• Luxury Auto Limits: Luxury vehicle depreciation limits for tax year 2026 future depreciation projections were updated.
• W-2 Topics: A new page supports topics created from W-2 data entry (legacy W-2 icons removed).
• OCR Import Improvements: Text and field calculations for OCR-imported documents were updated.
• Form 1099-DA: Alert added when date sold is Various.

Limitations

• Form 1062 – Deferral of Tax on Gain From the Sale or Exchange of Qualified Farmland Property to Qualified Farmers is not available. E-file and printing are not supported for this form.
• Form 8933 – Carbon Dioxide Sequestration Credit is not available. E-file and printing are not supported for this form.

Changes

03/12/2026 Release

• Enabled the Amended Return question-and-answer interview flow.
• Updated the SALT (State and Local Tax) deduction worksheet to reflect re-released IRS instructions.
• ADS Straight-Line Depreciation: ADS calculations were updated.
• Bonus Depreciation Statement: No Bonus Election statement print output was updated.
• State Depreciation Worksheet: State depreciation worksheet calculations were updated.
• Form 1099-DA: Alert added when date sold is Various.

Limitations

• Form 1062 – Deferral of Tax on Gain From the Sale or Exchange of Qualified Farmland Property to Qualified Farmers is not available. E-file and printing are not supported for this form.

Changes

03/12/2026 Release

• Form 3468 prints when only Part V is present.
• Form 8825 prints in supported situations.
• Partner list added to the interview.
• ADS Straight-Line Depreciation: ADS calculations were updated.
• Bonus Depreciation Statement: No Bonus Election statement print output was updated.
• State Depreciation Worksheet: State depreciation worksheet calculations were updated.
• Form 1099-DA: Alert added when date sold is Various.

Limitations

• Form 1062 – Deferral of Tax on Gain From the Sale or Exchange of Qualified Farmland Property to Qualified Farmers is not available. E-file and printing are not supported for this form.

Changes

03/12/2026 Release

• ADS Straight-Line Depreciation: ADS calculations were updated.
• Bonus Depreciation Statement: No Bonus Election statement print output was updated.
• State Depreciation Worksheet: State depreciation worksheet calculations were updated.
• Form 1099-DA: Alert added when date sold is Various.
• Short Year Depreciation: Depreciation proration for short-year 1120 returns was updated.
• Schedule C Worksheet: Schedule C worksheet line 29 calculation was updated.

Limitations

• Form 1062 – Deferral of Tax on Gain From the Sale or Exchange of Qualified Farmland Property to Qualified Farmers is not available. E-file and printing are not supported for this form.

Changes

03/12/2026 Release

• Form 3468 prints when only Part V is present.
• Form 8825 prints in supported situations.
• ADS Straight-Line Depreciation: ADS calculations were updated.
• Bonus Depreciation Statement: No Bonus Election statement print output was updated.
• State Depreciation Worksheet: State depreciation worksheet calculations were updated.
• Form 1099-DA: Alert added when date sold is Various.

Limitations

• None

Changes

03/12/2026 Release

• Form 990-PF page 2 print layout was updated.
• ADS Straight-Line Depreciation: ADS calculations were updated.
• Bonus Depreciation Statement: No Bonus Election statement print output was updated.
• State Depreciation Worksheet: State depreciation worksheet calculations were updated.

Changes

01/20/2025 – Update V1.01

• Updates poverty levels for Form 8962.

01/23/2025 – Update V1.01

• Form 8283 Donee signature attachment is now required.
• 1040 Schedule 3, Line 13z, the write-in option has been removed.
• An alert has been added for those who may have already entered any information.

02/03/2025 – Update V1.02

• Issue with the creation of Form 4136 worksheet has been fixed.
• Fix situations where Form 8936 and Form 8936 Schedule A were not being filed.
• Corrected when Form 8936 and Form 8936 Schedule A are being created.

02/05/2025 – Update V1.03

• The validation stopper for Form 8936 e-file has been removed.

02/07/2025 – Update V1.04

• Validation stopper has been added for Form 8910.
• Updated Form 8936 to use “Percent to Ratio Type”.

02/10/2025 – Update V1.05

• Turn on Form 8915 and Form 8915F.

02/20/2025

• Form 8936 EF Alert Type added.

02/21/2025

• Remove validation stopper for Form 8910.

02/23/2025

• Form 5695 EF Alert Type added. Update to Estimated Payment Vouchers.

02/26/2025

• Form 8908 trigger added.

02/28/2025

• Form 8889 deduction calculation has been updated.