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Multi‑state rentals, smarter 1099s, and cleaner K‑1s

Period: 2026-03-16 - 2026-03-22
  1. ProConnect multi‑state Schedule E rentals: Multi‑state detection now considers rental property states and automatically creates the correct nonresident state returns. If the resident state is missing in General, we fall back to the mailing address to ensure detection still works.
  2. ProConnect W‑2/1099‑R accuracy and amount handling: Fixed W‑2 state withholding being dropped and corrected 1099‑R state withholding mapping. We also auto‑round “percentage or amount” fields to whole numbers so they’re treated as dollar amounts on 1099‑DIV and 1099‑INT.
  3. UltraTax field validation tightened: 1099‑R distribution codes and “form of identification” are now restricted to official dropdown choices to prevent invalid entries. Recipient TINs on 1099‑DIV/INT/R now accept SSN‑format TINs as well as EINs, reducing avoidable errors.
  4. Smarter 1099 matching and consolidation: 1099‑NEC screens are now keyed by TIN + account number to prevent multiple forms from the same payer from merging and losing data. We also consolidate same‑payer 1099‑INTs by recipient and aligned Drake’s 1099‑INT entity key with payer TIN for cleaner, de‑duplicated entries.
  5. Stop attempts on unsupported forms across tax suites: The workflow now avoids triggering unsupported forms in ProConnect, Drake, UltraTax, and CCH and clearly instructs the system to skip them. This removes long retry loops and speeds up completions.
  6. Drake K‑1 Additional Entries deduplication: We now remove Additional Entries that duplicate amounts already captured on the main tabs for Partnership and S‑Corp K‑1s. This prevents double‑counting and cleans up orphaned row values for accurate totals.
Thanks for reading—and for your continued feedback to make tax prep faster and more accurate.