Possible additional deductions coming

Technical topics regarding tax preparation.
#61
chris  
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FWIW, Drake is supposed to be issuing an update tomorrow that will reactivate line 13 on sch-A (PMI), and also provide support for Tuition/Fees deduction.
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#62
CathysTaxes  
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chris wrote:FWIW, Drake is supposed to be issuing an update tomorrow that will reactivate line 13 on sch-A (PMI), and also provide support for Tuition/Fees deduction.


This is what I've been waiting for
Cathy
CathysTaxes
 

#63
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chris wrote:FWIW, Drake is supposed to be issuing an update tomorrow that will reactivate line 13 on sch-A (PMI), and also provide support for Tuition/Fees deduction.

So did they? Anyone heard anything? I have 30+ returns on hold. This is nuts.
 

#64
chris  
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yes, Drake dropped an update yesterday; I pulled it in and quickly checked sch-A - line 13 is turned back on now.
Site admin and software developer for TaxProTalk.com and https://TheSiteFactory.com
 

#65
MEMCPA  
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But were you able to efile?
 

#66
chris  
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I haven't tried yet. I thought I had read somewhere that the sch-A change was ready to go but tuition and fees, not yet.
Site admin and software developer for TaxProTalk.com and https://TheSiteFactory.com
 

#67
CathysTaxes  
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I efiled a return with mortgage insurance premiums deduction today.
Cathy
CathysTaxes
 

#68
gmhksgp  
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Intuit ProConnect Tax Online, ProSeries, and Lacerte all went live today with the extenders.
 

#69
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Crickets with ProSystemFX
 

#70
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gmhksgp wrote:Intuit ProConnect Tax Online, ProSeries, and Lacerte all went live today with the extenders.


Just updated proseries and tuition and fees and pmi are back. Still nothing on energy credits, but that is only a handful of clients. Pmi is the big one for me. I will try to efile a few today and report back.

I am pissed though. Not a word, alert, email...nothing from proseries on the update. You would think they would be bombarding me.
 

#71
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The revised Schedule A and Forms 1040, 1040A, and 8917 have hit irs.gov so it should only be a matter of time.
 

#72
gmhksgp  
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kbairtax - Unfortunately, Intuit is not known to be the most proactive when it comes to engagement and communication. Here's a link to the announcements which were released late yesterday (and ProSeries just earlier this morning). You can click on Follow to subscribe to their future updates.

https://accountants-community.intuit.co ... ary-9-2018
 

#73
EZTAX  
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Still no word from Ultratax. :(
 

#74
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EZTAX wrote:Still no word from Ultratax. :(


Posted today in the product news section: "An UltraTax/1040 update tentatively scheduled for February 26, 2018 will include the newly revised forms and calculations for these [982, MIP, 8917] extender items."
 

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