REVISED FORMS

Tax Year 2009

5498 Major changes

1099-C Reformatted

with Minor Changes

Other Forms with minor changes:

1098-E minor wording change

1099-R Distribution Codes have changes: Code E changed to read Distributions under Employee Plans Compliance System "EPCRS"

Added Code U, Distribution from an ESOP under Section 404(k)
view GRID

CORRECTING IRS RETURNS HAS BEEN UPDATED

1042-S NEW CORRECTED RETURN PROCEDURES TO BE IMPLEMENTED

 

W-2c Reformatted

  

 NEW FORMS 

 Tax Year 2009  

3921 Exercise of an Incentive Stock Option Under Section 422(b)

 

3922 Transfer of Stock Acquired Through an Employee Stock Purchase Plan Under Section 423(c)

 

8935 Not included at this time

 

 

 

 

 

 

 

 

 

  

PROGRAM UPDATES  

Tax Year 2009

CHANGES:

MENU BAR: UTILITIES Renamed to  TOOLS

 

NEW FEATURES:

Under Tools:

Automatically Mark Returns as  DON'T SEND  when accumulated Return amounts for a SSN/EIN are under the IRS dollar limits (Paper, Statements, Electronic filing)

 

TAX/WAGE REPORTING FILE ANALYSIS... Importing from IRS/SSA formatted files simplified and expanded

 

 

ENHANCEMENTS:

REPORTING:

 

Electronic Media,

 Summary Report  (old 4804 form) Displays on screen and may be printed or not

Electronic media is automatically Archived  and log info chronologically appended in the preset Archive Log file)

Paper Statements & Returns, The printer may now be selected from the screen where the Returns/Forms are being printed. The printer selected will be remembered from session to session..

 

PAYERS & NQI REPORTS, Master List & Cross Reference reports printed

 

ENTER RETURN DATA Screen, pressing CTRL + P will Capitalize the first letter of each word in an entry field (called "Proper Case")

 

IMPORT DATA Screen, New button, Print Format, has been added on the IMPORT CRITERIA Screen.