Note: Your software must be on at least v2022.12.13 to apply this update.
Important - 1099-K threshold - In late December 2022, the IRS released guidance that the implementation of the reduced $600 threshold for 1099-K reporting will be delayed until tax year 2023. As a result, the federal threshold for the 1099-K reporting for tax year 2022 will stay at $20,000 and 200 transactions.
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New and improved:
- For Puerto Rico (PR), we enabled electronic filing for the following forms: 480.6A, 480.6B, 480.6G, 480.6SP, 480.7, and 480.7C.
- We added new sample import files for the 480.7 and 480.7C forms.
- We added the 2022 1095 ACA Instructions.
Bug fixes:
- In the Service Bureau, selecting to file with the IRS now disables the print option to force an 'X' in the Corrected box. (JARVIS-141)
- Previously, there was an issue with the printing alignement Puerto Rico (PR) 480.6SP and 480.7C forms. We fixed this issue. (JARVIS-157)
File Hash: 64952BA172B03A50F12730A62D742DCCD7D33B6C4AE1D2D88875BB895E7CBF59