Version 1.14 for 1040 and versions 1.08 for 1041, 1065, 1120, 1120-S, & 990 are now available for TaxAct 2020 Professional Federal Editions. These updates include:
- Added print for Basic Info Worksheet
- Added PDF attachment option for K-1 Basis Worksheet
- Added checkbox to shut off Form 8958
- Updated Form 8915-E to print when the 3-year distribution is not elected
- Updated Schedule D reconciliation adjustment for spouse casualty loss
- Updated print placement on Form 3468 & Form 8938
- Added Form 990-T to amended options
- Added FFCRA to Form 990-T Other Income
- Updated Form 990-T Part 1 Line 1 calculation per new IRS form instructions
- Other minor bugs and enhancements
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. You can also check for updates at any time by clicking the Online –> Check for Updates menu.