Release Notes

FIX:   Printing issues with the 1042-S Copy were addressed.

UPDATE: The electronic filing module has been activated for creating electronic files for submission to the IRS FIRE system.

UPDATE: The Service Bureau upload module has been activated to provide for uploading forms for processing via the 1099 Pro Service Bureau.  Available services include printing & mailing, federal filing, web presentment and more.

UPDATED: Business Rules have been enhanced.  Note if you wish to turn off or change the severity of a Business Rule you can do by clicking on the menu item “File”, Security & Administration, Program Options, Tax Form Validation for Import and Entry, and then change the drop down from Common to 1042-S to gain access to each business rule.

UPDATED: A sample Excel ® (.xls) import file has been added to the folder Import/Samples/XLS Samples/1042-S Sample Excel Import TY2014.xls

Note this file imports using the standard excel map with No Errors!

NEW:  The 8966 FATCA Report module is now packaged separately from 1042-S Pro.  This module is currently in its Beta program and requires approval in order to activate certain features including the FATCASML-v1.1 Main Schema for FATCA report required for Model 2 IGA reporting directly to the IRS

Note:  The 8966 module is charged separately than 1042-S Pro.

Coming Soon: Activation of the paper filing module for filing paper forms via a 1042-T.

Coming Soon: Compress & Encrypt the XML v1.1 file above documented in IRS Publication 5188 Metadata (step 5):

  • Prepare, validate and digitally sign FATCA XML file with your digital certs.
  • Compress FATCA SML file into zip format.
  • Encrypt FATCA XML file with AES-256 Key.
  • Encrypt AES Key with public key of each recipient.
  • Create Sender metadata file.

Download v2014.14.11

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