Tax Year 2020 is locked off for Electronic Filing and Service Bureau Uploads.
This is because the IRS FIRE site remains open, for Tax Year 2019 formatted electronic files, until 12/04/2020.
The IRS FIRE site will then re-open on 1/08/2021 and be available for Tax Year 2020 electronic files at that point.
NEW:
State Filing:
- State Electronic Filing - Added/Enabled for Tax Year 2020 for form types 1099, W-2, 1042-S.
- Subject to some changes as not every state has finalized their Tax Year 2020 specifications.
- State Paper Filing - Added/Enabled for Tax Year 2020 for form types 1099, W-2, 1042-S.
- 1099-NEC - Added support for state direct filing for all required states.
- 1099-K - Added support for Florida (FL), Oregon (OR), and Virginia (VA).
- Note: Florida is now listed as a valid state for state reporting purposes (previously was N/A).
- 1099-S - Added support for Arizona (AZ).
- W-2 - Added support for Massachusetts (MA) Paid Family and Medical Leave payments which are reported in the RS Record to the state.
- Note: Please see the Help File → Special Cases for State Filing for information on how to properly format your data to report this new field.
eFileViewer:
Reports:
- Custom Fomin Reports - 2020 Forms 3921 & 3922 Fomin Reports.
2021 IRS/SSA Updates:
- Tax Year 2021 preliminary forms are available for data entry, imports, and reports.
- All available draft 2021 IRS PDFs & Instructions included.
Business Rules & Validation:
- New ACA 1095B & 1095-C Rules
- 1095-B – 4 new rules
- R12: Missing/invalid recipient US state code
- R13: Missing/invalid recipient US zip code
- R14: Missing/invalid Part II employer US state code
- R15: Missing/invalid Part II employer US zip code
- 1095-C – 2 new rules
- R45: Missing/invalid recipient US state code
- R46: Missing/invalid recipient US zip code
UPDATED:
Federal Thresholds:
- 1099-PATR: Updated the Box 12 threshold from $.01 to $10 in accordance with IRS General Instructions.
State Thresholds:
- Form Level
- 1099-PATR: Updated all state thresholds in accordance with IRS form changes.
- 1099-MISC: Updated all state thresholds in accordance with IRS form changes.
- 1099-NEC: Added new state thresholds based off of previous 1099-MISC states' thresholds (Box 7, State Income, State Tax Withheld).
- Subject to "State Level" modifications below.
- State Level
- Alabama (AL) - Updated W-2G Box 1 & Box 7 to the $1500 threshold.
- Arizona (AZ) - Added 1099-S threshold to match federal thresholds.
- Note: AZ now requires direct reporting of the 1099-S tax form.
- Arizona (AZ) - Updated 1099-NEC threshold to only report forms with state tax withheld.
- Colorado (CO) - Updated 1099-NEC threshold to only report forms with state tax withheld.
- Connecticut (CT) - Removed thresholds for 1098 & 1099-S (no longer required by CT).
- District of Columbia (DC) - Updated 1099-NEC Box 1 threshold to $600.
- Florida (FL) - Added 1099-K threshold to match the federal thresholds.
- Note: FL now requires reporting of the 1099-K tax form.
- Georgia (GA) - Updated 1099-NEC threshold to only report forms with state tax withheld.
- Illinois (IL) - Updated 1099-K thresholds to greater than $1000 & 4 transactions.
- Maine (ME) - Removed 1099-NEC thresholds (not required by ME).
- Missouri (MO) - Updated 1099-MISC & 1099-NEC thresholds to $1200 or any forms with state tax withheld.
- Oregon (OR) - Added 1099-K threshold to file all OR 1099-K forms.
- Note: OR now requires direct reporting of the 1099-K tax form.
- Ohio (OH) - Removed 1099-NEC state reporting thresholds (not required by OH).
- Rhode Island (RI) - Updated 1099-MISC & 1099-NEC thresholds to only report forms with state tax withheld.
- South Carolina (SC) - Updated 1099-NEC threshold to only report forms with state tax withheld.
- Virginia (VA) - Added 1099-K thresholds to match federal thresholds.
- Note: VA now requires reporting of the 1099-K tax form.
- Vermont (VT) - Updated 1099-NEC threshold to only report forms with state tax withheld.
Business Rules & Validation:
- Form 5498 - Rule R44 was updated to include Box 14b's new code BA.
FIXED:
Printing:
- Form 1042-S – 2019 print alignments were printing various fields in the same upper left corner positioning.
- Form 1042-S – 2019 Amended and Amendment No. checkbox alignment fixed.
NOTE - 2019 Print Wizard has been updated to the same 2020 Print Wizard user interface.
- Form 1096 - 1099-NEC checkbox was not printing.
Filing:
- Form 1099-MISC - 1096 filing was calculating 1099-MISC totals incorrectly.
Service Bureau:
General:
- Account Number Generator - Form 1099-NEC were generating account numbers with "??".
