Along with this program update, NY business users will download a NY business module update. 1041 Efile will be activated.
NY Business version 6 will also provide the fix for Reject 04079 on S-corp efiles and NY 204 Reject 05266 on Partnership efiles: "ACH IND conflicts with RFND_OWE_IND"
Version 28.05 Release Notes included below
TaxWise has made changes so that state extensions can be electronically filed even if the Federal e-file is still pending.
Changes Made for 990 Extensions
TaxWise has made changes so that the Extension E-File button is now disabled after transmitting a 990 extension e-file to the Electronic Filing Center.
Updated Compound Interest Rates
TaxWise has updated the compound interest rates for Tax Year 2013.
Corrections Made for K1 Import
TaxWise has made corrections for the K1 Import process. You should no longer receive Access Violations when importing a K1 into Form 1040.
New York State Fiduciary Electronic Filing
TaxWise has made various changes to correct issues relating to electronic filing of New York State Fiduciary returns.