Will the 2024 Proseries Tax Planning Tool be upgraded with the changes from the recent bill, so when we use it to forecast 2025 tax plans, the correct application of the 2025 tax law will be reflected?
What have you heard? Nobody here can answer that question since Intuit doesn't usually share that kind of information with its users.
I haven't heard anything, that's why I'm asking the question.
https://accountants.intuit.com/community/proseries-tax-discussions/discussion/new-tax-act/00/331894
Interestingly, I heard Drake has their planner updated.
But is it accurate? 🤔
@IRonMaN wrote:
But is it accurate? 🤔
It's a work in progress. They have the standard deduction and senior exemption but they don't have any of the non-itemized deductions in there yet. It's expected by the end of the month. Here's their kb info if anyone is curious:
https://kb.drakesoftware.com/kb/Drake-Tax/18837.htm
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