1040 Version 1.06 Update

Posted on by Matthew Davis
Version 1.06 is now available for TaxAct 2019 Professional Federal Edition. This update includes: Minor bug fixes You may also want to ensure the “If already connected to the internet, automatically check for updates on program startup” checkbox is checked in the Tools –> Options menu. In addition, you can check for updates at any time by clicking the Online –> Check for Updates menu.
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Business LA, MN, VA, 1065 AL, IL, NJ, 1120 AK, MS, NE, NY, 1120S AK, AL, IL, NY, 1041 CO, KS, OK, PA, NC, NE, NJ, RI Now Available

Posted on by Matthew Davis
The following TaxAct Professional 2019 States are now available: 1065 AL IL LA MN NJ VA 1120 AK LA MN MS NE NY VA 1120S AL AK IL LA MN NY VA 1041 CO KS OK PA NC NE NJ RI If you’ve already purchased your 2019 State Edition(s), you will be able to install all available states by going to the Online –> Install State menu option. From there, you can use the Auto Install Method by checking the box next to the available state(s) and clicking the Auto Install button. See the State Program Release Dates page for the enti...
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Business MA, 1065 AK, 1120 GA, 1041 NM Now Available

Posted on by Matthew Davis
The following TaxAct Professional 2019 States are now available: 1065 AK MA 1120 GA MA 1120S MA 1041 NM If you’ve already purchased your 2019 State Edition(s), you will be able to install all available states by going to the Online –> Install State menu option. From there, you can use the Auto Install Method by checking the box next to the available state(s) and clicking the Auto Install button. See the State Program Release Dates page for the entire list of available states and anticipated release dates. If you need to purchase State Editions, ...
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1040 Versions 1.04 & 1.05 Update – Fix for 1040-V Incorrect Address & Bank Filing Step Crash

Posted on by Matthew Davis
Versions 1.04 and 1.05 for 1040 is now available for TaxAct 2019 Professional Federal Editions. This update includes: Fix for 1040-V incorrect address (1.04) The issue with certain states seeing the incorrect mailing address printed on the 1040-V, EF instructions, and client letter has been fixed Fixed a application crash in bank filing steps (1.05) Minor bug fixes To see the current anticipated release date for each State Edition (by form), visit the State Release Dates page. You may also want to ensure the “If already connected to the internet, automatically check for updates o...
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Business AZ, IA, IN, MO, PA, RI, UT, 1065 GA, NE, 1120 AL, ME, 1120S GA, NE, 1041 CA, OH, SC Now Available

Posted on by Matthew Davis
The following TaxAct Professional 2019 States are now available: 1065 AZ GA IA IN NE MO PA RI UT 1120 AZ AL IA IN ME MO PA RI UT 1120S AZ GA IA IN MO NE PA RI UT 1041 CA OH SC If you’ve already purchased your 2019 State Edition(s), you will be able to install all available states by going to the Online –> Install State menu option. From there, you can use the Auto Install Method by checking the box next to the available state(s) and clicking the Auto Install button. See the State Program Release Dates page fo...
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Incorrect Address on 1040-V For Certain States

Posted on by Matthew Davis
Customers that reside in the following states will see an incorrect mailing address printed on the 1040-V, the EF instructions, and the client letter. The address listed under the state names below is the correct address. We anticipate this will be fixed in an update by 2/11 and apologize for any inconvenience. *States not listed below are not affected and can rely on the address printed on the 1040-V. Alabama, North Carolina, South Carolina Internal Revenue Service P.O. Box 1214 Charlotte, NC 28201-1214 Arizona, Colorado, Idaho, Nevada, New Mexico, Oregon, Utah, Wyoming Internal Revenue S...
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Version 1.02 & 1.03 Updates

Posted on by Matthew Davis
Versions 1.03 for 1040 and 1.02 for 1065, 1120, 1120S, 1041, and 990 are now available for TaxAct 2019 Professional Federal Editions. This updated includes:  Minor bug fixes This update also enables the following major federal forms and features that weren’t available in a prior 2019 version: Major Federal Forms Form 2210 – Underpayment of Estimated Tax by Individuals and Estates and Trusts Form 4136 – Credit for Federal Tax Paid on Fuels Form 5695 - Residential Energy Credits Form 8606 - Nondeductible IRAs Form 8917 - Tuition and Fees Deduction Form 8960 – Net Investm...
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IRS Officially Open for 1040 e-Filing

Posted on by Matthew Davis
The IRS is now processing all individual returns starting today, Monday, January 27. As the IRS begins processing returns, acknowledgments may be unpredictable due to the high volume of returns being processed. Note: The IRS is in the process of updating the MeF system to allow for the recent extender legislation. In addition, taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit may experience a refund hold. According to the Protecting Americans from Tax Hikes (PATH) Act, the IRS cannot issue these refunds before mid-February. The IRS expects the first EIT...
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IRS Opens E-filing on January 27

Posted on by Matthew Davis
We know your clients are curious: “When will the IRS start accepting returns?” The Internal Revenue Service confirmed in early January that tax season will start for individual tax return filers on Monday, January 27, 2020, when the tax agency will begin accepting and processing 2019 tax year returns. With TaxAct Professional, you can submit returns as soon as they’re complete — we’ll hold them securely until the IRS begins processing on the January 27.  
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4 Tips to Stay Healthy and Productive this Tax Season

Posted on by Matthew Davis
Stress is hard on your immune system. Because of that, overworked tax professionals are at a higher risk of illness during the busies time: Tax Season. Staying healthy during tax season impacts your productivity, your practice, and your bottom line. Remember to take time for the little things. They can make a significant difference. Taking care of you means you can be at your best for your clients. (more…)
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Business CO, KS, OK, OR, SC, VT, 1065 NY, OH, 1120 NC, 1120S NC, OH, 1041 NY Now Available

Posted on by Matthew Davis
The following TaxAct Professional 2019 States are now available: 1065 CO KS NY OH OK OR SC VT 1120 CO KS NC OK OR SC VT 1120S CO KS NC OH OK OR SC VT 1041 NY If you’ve already purchased your 2019 State Edition(s), you will be able to install all available states by going to the Online –> Install State menu option. From there, you can use the Auto Install Method by checking the box next to the available state(s) and clicking the Auto Install button. See the State Program Release Dates page for the entire list of...
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