New and improved:

• We updated all 2022 tax forms and instructions with IRS changes.
• We updated all business rules and custom queries for 2022 form fields.
• We updated all reports for 2022 tax form changes.
• We updated all help files for 2022.

Form changes:

• 1099-DIV
  • Box 11 (FATCA checkbox)
  • Multi-Year form
• 1098-F 
  • Box 2 - Amount to be paid for violation or potential violation
  • 2021 Box 2 - Restitution/remediation amount →  2022 Box 3 Restitution/remediation amount 
  • 2021 Box 3 - Compliance amount → 2022 Box 4 - Compliance amount
  • 2021 Box 4 - Date of order/agreement → 2022 Box 5 - Date of order/agreement
  • 2021 Box 5 - Jurisdiction → 2022 Box 6 Date of order/agreement
  • 2021 Box 6 - Case number → 2022 Box 7 - Case number
  • 2021 Box 7 - Name or description of matter/suite/agreement → 2022 Box 8 - Case name or names of parties to suit, order, or agreement 
  • 2021 Box 8 - Code → 2022 Box 9 - Code
  • Box 9 Codes
    • 2021 B - Multiple payers/defendants → 2022 B - Multiple payers
    • 2021 D - Property or services required to be acquired, constructed, or transferred under the court order or agreement → 2022 D - Provision of services or provision of property required
    • Codes F, G, H, I have been removed
  • Multi-Year form
• 1099-MISC
  • Box 13 (FATCA checkbox)
  • 2021 Box 13 - Excess golden parachute payments → 2022 Box 14 - Excess golden parachute payments
  • 2021 Box 14 - Nonqualified deferred compensation → 2022 Box 15 - Nonqualified deferred compensation 
  • Multi-Year form
• W-2
  • For tax year 2022, the Social Security Wage Base is now $147,000.
  • For tax year 2022, the Social Security tax withheld amount should not exceed $9,114.
  • The tax year 2022 Social Security and Medicare coverage threshold for Household wages is now $2,400 ($100 increase from 2021).
  • Penalties have increased. The higher penalty amounts apply to returns required to be filed after August 1st, 2022.
• 1042-S
  • New Income Codes:
    • Income Code 56 - Dividend equivalents under IRC section 871(m) as a result of applying the combined transaction rules
    • Income Code 57 - Amount realized under IRC section 1446(f)
  • New Chapter 3 Exemption Code:
    • Code 38 - Publicly Traded Partnership
  • New Line Of Business (LOB) Code:
    • Code 12 - No LOB article in treaty

Bug fixes:

• We updated the W-2 Box Special Taxes processing. (ASP-733)
• For the 1098-F, the Pressure Seal/ACL options were greyed out. We fixed this issue (ASP-731)
• Pressure Seal/ACL options were not appearing for the 1099-MISC. We fixed this issue. (ASP-730)
• Previously, Quick Print Group Actions in ASP were not triggering printing. We fixed this issue. (ASP-729)
• We fixed an issue with users not being allowed to create a Custom Column View. (ASP-727)
• We fixed an issue with Correction Type: (Box/Amount Change) not fitting correctly in the placeholder. (ASP-726)
• Previously, users were unable to save Address field updates for forms without TINs. We fixed this issue. (ASP-723)

File hash: 40E89B3D6F6BA1602F7BEE9FF40B7BEF23269097E784473F8E34036813881077