Release Notes

Note: This is the early release for tax year 2024.


New and improved:

  • We updated all 2024 tax forms and instructions with IRS changes.
  • We updated all business rules and custom queries for 2024 form fields.
  • We added all 2024 sample import files and Excel data shells.
  • We updated all reports for 2024 tax form changes.
  • We updated all help files for 2024.


Form changes:

  • The Social Security Wage Base is $168,600 for Tax Year 2024
  • For Tax Year 2024, the Social security tax withheld amount should not exceed $10,453.20 ($168,600 × 6.2%).
  • The Tax Year 2024 Social Security and Medicare coverage threshold for Household wages is now $2,700 ($100 increase from 2023).
  • The W-2 is one of the forms subject to the electronic filing threshold change that has been implemented beginning with tax year 2023.  As a result, if your business has an aggregate total of 10 or more W-2, 1099, 1042-S or 1095 forms you will now be required to file electronically.  See this article for all of the details on this change.


Download v2024.07.01

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