Note: For details on 2022 changes, read the IRS instructions.

New and improved: 

• We updated built-in reports to account for form changes. 
• We updated all default maps and sample import files for 2022.
• We updated all copies of print layouts for 2022.
• We updated all help files for 2022.
• We added Reset/Void of Service Bureau, Print, and Electronic File sessions to the Audit Trail. (SPRO-782)

Form changes: 

• 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.

Note: The IRS has changed the manner in which requests for extension of time to provide statements to recipients may be made. Read this for more details.