Release Notes

IMPORTANT:  You will need a 2017 Authorization Code starting with the letter 'A' BEFORE installing this update!

NEW: All final 2017 forms are now available.

  • 1042-S
    • New box, "Unique Form Identifier"
      • This new field is required and must be a number between 1,000,000,000 and 9,999,999,999, and must be unique for the EIN.
      • A new business rule on manual entry and import has been added to ensure the number meets the above criteria.
      • This update will automatically assign a unique form identifier to any 2017 1042-S forms currently in the software during the update process.
      • During manual entry or import the software will automatically assign a unique form identifier if it is not provided by the customer.
    • New box, "Amendment No."
      • This new field may be blank (not a correction) or a running number sequence from "1" to "99".
      • This field is controlled internally by the software's correction process.
    • New and Updated 1042-S business rules.
    • New and Updated Box 1 income codes, Box 3a & 4a exemption codes, and Chp 3 & Chp 4 status codes.  IMPORTANT: See the complete list of code changes below.
  • 1098
    • New box, Box 10 "Number of mortgaged properties"
  • 1099-OID
    • New box, Box 11 "Tax Exempt OID"
  • 1099-S
    • New check box, Box 5 "transferor is a foreign person"
  • 5498
    • New code, Box 13c, Code "SC" = Participant used self-certification procedure for a late rollover contribution.
  • W-2
    • New box, Box 9 "Verification Code"
    • New code, Box 12, Code "FF" = Permitted benefits under a qualified small employer health reimbursement arrangement.

NEW: Support for form CA 592-B for Tax Year 2014 & 2015.

NEW: 2017 1042-S amount fields have been expanded from 10 whole numbers (1,234,567,890.00) to 12 whole numbers (123,456,789,012.00).  All amounts are rounded to the nearest whole dollar for both printing and IRS filing.

NEW: Ability to tag forms to export with a correction indicator (regardless of actual status).

NEW: All final 2017 IRS PDF's & Instructions added.

NEW: Added group by EIN option to the W-2 state filing processes.

NEW: Added American Samoa, Guam, Northern Mariana Islands, and Virgin Islands to the selection screens for both 1099 and W-2 state subset file creation and state subset form creation.

NEW: Added American Samoa, Guam, Northern Mariana Islands, and Virgin Islands to the state thresholds selection list.

NEW: Added default state thresholds for Guam, Northern Mariana Islands, and Virgin Islands.

NEW: Added the ability to enter a free form extension (commas, spaces...) on the Filer Phone Number Extension field.

NEW: Added Field Protection module to ASP for Administrative Users (previously was in the Corporate Suite Security & Administration interface).

UPDATED: 2017 W-2 Maximums/Limits.

UPDATED: All tax form import maps & sample files on the 1099 Pro Import Wiki.

UPDATED: Latest GIIN list included.

UPDATED: Color change for invalid email address during bulk upload wizard.

UPDATED: Blanked "A" record position 6 for Virginia, as it is not in CFS program.

UPDATED: Changed the state file name for New Jersey per their new specifications.

UPDATED: Strip out non-numeric characters from the Filer Contact Phone Number Extension field for W-2 state reporting to Arkansas.

UPDATED: Filter out 1099 W2 quarterly log records from W2 log browse.

UPDATED: Kansas 1099-K state threshold rule.

UPDATED: Ohio CFS Exception state threshold rule.

UPDATED: Default request type is now a W-9 when importing a 972CG file for 1099-R forms (was W-4P).

FIXED: Fix for 1042-S box 14b Primary Withholding Agent EIN formatting.

FIXED: Updated Box 14 & 16 codes for the 1095-C.

FIXED: Security fix for Filer browse window.

FIXED: Font issue in 1094-C update window.

FIXED: Fixed correction created after Dept change could not be saved.

FIXED: Fixed 1099 State Filing for ‘PA’ with 1099-R form, blanked out distribution code.

FIXED: Fixed an issue where leading spaces were not being removed from the name or account during bulk TIN file generation under certain conditions.

FIXED: Fixed broken help links and topics.

A number of other small fixes and enhancements are also included in this release.

Download v2016.20.30

IMPORTANT:  Please review the following 2017 1042-S code changes and make any required changes to your data or imports.

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