News & Updates

The IRS will be shutting down the Individual Form 1040 e-file servers for annual maintenance Saturday November 30. ProSeries will continue to accept these transmissions until 5PM Pacific, on this date. This does not impact the ability to file returns from the business modules. Once e-file opens again for Tax Year 2024, prior year returns can be filed from 2022 and 2023, while 2021 will NOT reopen for e-file.IRS MeF Production Shutdown Details:https://content.govdelivery.com/accounts/USIRS/bulletins/3be0724

Visit the Getting ready with ProSeries page for a quick reference while setting up for tax season. View the page here.   

View this site to find articles on sign-in, security, subscriptions, billing & more...Check it out here.    

ProSeries Tax Year 2024 early release is now live for renewed customers! Renewed customers are welcome to download ProSeries 2024.   See What's new with ProSeries here. Learn about Prerequisites and installing here: ProSeries early release program How to renew ProSeries for tax year 2024. See article here. Click this link to sign into My Account While our Intuit development teams conduct rigorous and extensive testing, it is impossible to duplicate all of our user’s unique environments and setups. For that reason, we do an Early Release (formally 'beta')  each year to test the product in customer environments prior to General Availability. This allows us to address common issues our users may face. This is an early release of the ProSeries product. As such it will allow you to get an early jump on Tax Year 2024 and can be updated to the full General Availability release in November without the need to reinstall. The Early Release will have Tax Year 2024 draft forms onl

Find sections that cover basic how-to's, as well as the most commonly asked questions around reporting a Schedule C in ProSeries. Check it out here!    

View the troubleshooting page that covers resources for the most commonly asked questions regarding printing and PDFs. Check it out here!    

View the tax topic page that covers the most commonly asked questions around generating and reporting a Schedule K-1. Check it out here! 

View this resource for articles broad in scope, and applicable to multiple return types. Check it out here!

Recently passed legislation repeals the property measure (Schedule G) from the TN franchise tax and authorizes special refunds for 2020-2023 to be paid to requesting taxpayers who paid TN franchise tax on the property measure.Requesting a refund involves a two step processAmend the return(s) for the period(s) to be included in the refundSubmit the Claim for Refund of Franchise Tax Paid on Property Measure (Schedule G) formWe highly recommend that both steps of the process be done through the TNTAP website.For more information, please visit the Franchise Tax Property Measure (Schedule G) Refunds page

E-filing for the main return filing type will become available the week of May 3rd, 2024. Users who have not filed their main return yet will be able to E-file for the 2023 tax year (and all years moving forward). Certain forms and filing types are not included in this capability. Refer to Forms Availability online for a list of supported forms.

There was an incorrect calculation for Earned Income Tax Credit in tax year 2022 and 2023 Michigan Individual Income Tax program. The incorrect calculation led to a failure to claim a refundable EITC from impacted returns, resulting in a smaller refund. A fix was implemented and released for tax year 2023 on 3/7/2024 and tax year 2022 on 4/18/2024. Before the fix was available, if a tax return claiming the Earned Income Credit on Federal Form 1040 filed Form MI-1040 with $0 Michigan taxable income and one of the following residency statuses, then the return may be impacted. Please review and amend tax return as needed.1. Joint return - One spouse is full year resident and other spouse is part year or nonresident2. Joint return - One spouse is part year resident and other spouse is part year or nonresident, OR3. Single return - Filer is a part-year resident

A ProSeries error on Iowa 1040, Schedule 1, line 14 in your tax return has caused a miscalculation of the amount for the additions to federal income or overpayment received in 2023. This miscalculation caused the line 14 amount to be doubled which incurred an overpayment to the state of Iowa.  The ProSeries miscalculation was released into the Iowa product on 3/20/24 and the resolution was released on 3/23/24. The only returns impacted would have been filed between the dates of 3/20/24 - 3/22/24. Iowa returns when opened, will reflect the corrected information. This will  include the corrected refund or amount owed. In order to resolve, preparers will need to paper file an Iowa Amended return. Preparers with impacted returns will receive an in product alert with additional instructions on how to amend.  We truly apologize for any inconvenience this may cause, but we’re glad that there will be no underpayment and that no additional taxes will be owed. 

On April 8th, 2024, Minnesota Governor Tim Walz signed House File 3769 that may impact 2023 Minnesota Corporate Franchise Tax Return (Form M4) filings. The 70% net operating loss (NOL) deduction limitation has been delayed and is now effective for tax years beginning after December 31, 2023. As a result, the 80% NOL deduction limitation has been extended to include tax years beginning before January 1, 2024.Proseries will be updating the software reverting the Minnesota NOL deduction limitation from 70% to 80% in a future release. Unfortunately, the timing of the tax law change and the proximity to the April 15th filing deadline is challenging for tax preparers and their clients. Filers expecting to utilize a net operating loss deduction in 2023 should consider waiting for the impending update to the software before submitting.As a reminder, Minnesota provides all filers with an automatic seven-month extension to file the Form M4, Corporate Franchise Tax Return. Please note, this exten

UPDATE: This has now been resolved. Please ensure you are on the most current version of ProSeries.  We are currently investigating a behavior where type "A" charitable contributions from a K-1 are being changed to type "C" on the Schedule A.

This has been reported and is currently being researched for root cause. Update to remove errors: 1. To remove the errors, instead of removing the entries on the Sch K-1 Wks, go to the forms menu, select Schedule K-1. The window that pops up will list "untitled" for all of the prior year K-1s.  2. Open each "untitled" Schedule K-13. Select to remove that form.  When all "untitled" Schedule K-1s are removed the errors requiring an entry on the Sch K-1 Wks will be gone, however, there may still be an error for the percentage of ownership not totaling 100%".

We are currently investigating Form 5695 Home Energy Credits is not qualifying when improvements were ‘Not Made on their Main Home’.. If you are experiencing this behavior, fill out the form below: 

Virginia has announced that Electing Pass-Through Entities (PTEs) can now file and pay their Tax Year 2021 Pass- Through Entity Tax (PTET) return.  However, this will not be available within the 2021 ProSeries program and the state is directing filers to use their online application to file their PTET.  This is available on the state’s online application for businesses

The following email has been brought to our attention by customers. It indicates that Intuit has identified e-filed returns belonging to your firm, which were submitted for e-file without your prior authorization.This email is a fraudulent attempt to obtain sensitive information and was not sent by Intuit. Please disregard.Additional Intuit Security Resources:Privacy and Security: https://www.intuit.com/privacy/ Security Notices: https://security.intuit.com/security-notices/

Update: This has now been resolved. Please ensure you are on the most current version of ProSeries. The unexpected behavior you have experienced regarding 2023 IND W-2G Error for Both Foreign and US address has been reported and we are currently researching for more information. 

The New Jersey Division of Taxation has issued updated guidance related to the Form CBT-100S.  An update for ProSeries was released on March 1, 2024 to conform with this new guidance. It has come to the New Jersey Division's attention that there is a mistake on the originally released version of Form CBT-100S. The reference for Schedule K, Part III, Line 7 should be Page 1, Line 2a minus Line 3 (Instead of Page 1, Line 4 as recorded on the originally released version of the form). Preparers should review their returns to ensure that they've properly reported the Corporation Business Tax on Schedule K, Part III, Line 7.  If an incorrect amount was reported, an amended return is required. New Jersey Division of Taxation: https://www.nj.gov/treasury/taxation/cbt/23schedulek.shtml  

Colorado has announced a mid-February e-file open date. ProSeries will open in advance allowing preparers to transmit these returns which will be held until the state officially opens to receive these filings. ProSeries will open e-file today, January 31, 2024, allowing these returns to be sent to ProSeries. Once sent these returns will be held with an e-file acknowledgement of 'Received at ProSeries', and will remain until the state opens. Once the state begins processing returns, the e-file acknowledgement status will be updated to reflect this.

We are currently investigating a behavior where forms with multiple copies are not printing the additional copies with the return. If you are experiencing this behavior, please fill out the form below

We are aware of the delays regarding a return with a status of “Received by Intuit." We are investigating and will provide next steps when available. 

Due to significant changes to form 5695 which was released on 2/7/24, you may need to re-input the data on the form. Please be sure to review Form 5695 before filing the returns. Information entered after 2/7/24 is not affected.  

Note: For tax year 2023, Form 3800 is undergoing a major IRS rewrite that expands the form to 8 pages. This form is still in development, pending a future release. Form 1120S and 1065 filers that require Form 3800 may want to consider filing extensions. The Internal Revenue Service today reminded farmers and fishers who chose to forgo making estimated tax payments by January that they must generally file their 2023 federal income tax return and pay all taxes due by Friday, March 1, 2024. The special March 1, 2024, deadline applies to anyone who qualifies as a farmer or fisher and didn't make an estimated tax payment by Jan. 16, 2024. Those who made a qualifying payment by Jan. 16, 2024, can wait until the regular April 15, 2024, deadline to file and still avoid estimated tax penalties.  For more info, see here. Some related resources: Generating the Schedule J Common questions about Schedule F How to make Estimated Tax Payments for the Federal Return Disaster area tax extension