Update to 2008.01b NOW AVAILABLE
(Requires that you have already installed the prior Partnership Edition disc for the 2008 filing season,
2008.01.)
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CAUTION: Before using these downloads, you MUST exit Tax Preparer.
The update may not function properly if the Tax Preparer program is currently open!
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The downloads on this page are only for Partnership Edition for Form 1065 returns.
Downloads for Tax Preparer for Form 1040 returns are found on the
Main Downloads page.
Downloads for the California Supplement for Form 540 returns are found on the
California Downloads page.
To use these downloads,
click the appropriate version and follow the on-screen instructions. (CAUTION: These downloads
require that you have already installed on your computer a prior release for the 2008 filing
season for the same level -- Economy, Standard, or Premium.)
Economy Level. To update prior releases to release e2008.01d, click the following link:
Update Partnership 2008 Edition Economy (pe2008.01b).
(652 KB) (revised 3/10/2008 2:30 PM PDT)
Standard Level. To update prior releases to release s2008.01d, click the following link:
Update Partnership 2008 Edition Standard (ps2008.01b)
(791 KB) (revised 3/10/2008 2:30 PM PDT)
Premium Level. To update prior releases to release p2008.01d, click the following link:
Update Partnerhsip 2008 Edition Premium (pp2008.01b).
(856 KB) (revised 3/10/2008 2:30 PM PDT)
(revised 3/10/2008)
Release 2008.01b differs from release 2008.01a as follows:
- Form 8910 added. (Standard and Premium Levels only.) This form is used to claim the
Alternative Motor Vehicle Credit, which includes both a business and personal credit for
purchase hybrid and other favored vehicles.
- Form 3468 posting added. Total basis of energy properties entered on line 2 of Form 3468 is now
posted to the corresponding component of Schedule K, line 20c. You must still itemize the line on Schedule K
to explain the posted number, but you no longer have to enter the total basis on Schedule K yourself.
- Form 8834 posting revised. The result of Form 8834 (Qualified Electric Vehicle Credit)
is now passed through our Form 8910 before posting to Schedule K because the new Form 8910 shares the
line on Schedule K formerly used for Form 8834 alone. Therefore, once you create a Form 8910 you must
enter the Form 8834 credit below line 10 of Form 8910 or else the Form 8834 credit will not be included
on Schedule K. (This is all automatic for the Premium Level, which is the only level that includes
Form 8834.)
- Aesthetic changes. All other changes relate to on-screen aesthetics and minor typographical errors.
Release 2008.01a differs from release 2008.01 as follows:
- Three forms added to the Premium Level. (Premium Level only) Forms omitted from our initial
release because of their late releases by the IRS are now included in the Premium Level software:
- Form 2848. Power of Attorney and Declaration of Representative. Because the IRS has repeatedly
postponed the release of the promised new version of this form, we have installed the March 2004 version, which
is still being accepted by the IRS. The IRS now anticipates a release date of 2/26/2008 for the new version of this form.
- Form 6765. Credit for Increasing Research Activities. Contrary to last year, Sections A, B, and
C of this form are now mutually exclusive. You can claim only one of the three types of credit.
- Form 8611. Recapture of Low-Income Housing Credit. Only the revision date has changed on this form, and
the instructions have changed only due to clarifications for lines 1, 11, and 14
so it's unclear why the IRS delayed the release of this form!
- e-file compatibility. Potential problems with 1040 e-file after installing Partnership edition are eliminated
with this release.
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