Skip to main contentSharper calculations and smoother imports
Period: 2026-03-02 - 2026-03-08
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Accurate AMT and 2025/2026 standard deductions: AMT exemption thresholds and the phaseout rate are now correctly year-indexed, and 2025 standard deductions reflect post-OBBBA amounts to prevent miscalculations and checklist mismatches. This ensures returns for 2025–2026 compute correctly without manual adjustments.
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Drake: New Schedule 1‑A overtime deduction screen: W‑2 Box 14 overtime codes are now routed to Schedule 1‑A Line 14a via a dedicated screen, eliminating manual re-entry and reducing data placement errors.
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Drake: Reliable Form 4562 depreciation creation and carryforward: Form 4562 screens are now created one-per-asset with stable identifiers and retained after prior-year merges. This prevents lost depreciation data and speeds asset reviews across Schedules C/E/F.
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CCH: Complete FBAR/8938 foreign asset capture with IRS MeF country codes: Form 8938 sections are now extracted alongside FBAR, with improved handling of jointly and separately owned accounts and standardized IRS MeF country codes. Expect more complete foreign disclosures and fewer reviewer corrections.
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CCH: Investment forms accuracy for 1099‑B/DIV/INT: 1099‑B now enforces one row per box code category on summary pages, preventing missed proceeds. 1099‑DIV/INT tasks are split per account number (not by payer TIN), avoiding merged data across multiple accounts at the same broker.
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CCH integration reliability for backup import → export: The CCH import/export workflow now waits for import completion with robust retry/backoff, using the correct Recall API path. This eliminates timing-related export failures and makes CCH round‑trips more dependable.
Thank you for helping us build a faster, more reliable tax season—your feedback keeps us improving every week.