2015 ProSeries/Missouri Readme

Release 2015.340

Contents

Items addressed in this release

What's new for ProSeries/Missouri

Forms

Electronic filing

Additional Information

Items addressed in this release

• Error checking, general enhancements. Various improvements to data validations, error checks updated.

What's new for ProSeries/Missouri

The following items are new for tax year 2015:

• Form MO-1040. Increased Standard Deduction from $6,200 to $6,300 (Single and Married Filing Separate); $9,100 to $9,250 (Head of Household); $12,400 to $12,600 (Married Filing Joint and Qualifying Widow(er)).
• Form MO-1040. Increased additional Standard Deduction limit from $1,200 to $1,250 (Married Filing Joint, Married Filing Separate and Qualifying Widow(er)).
• Form MO-1040. New additional dependent deduction for stillborn child.
• Form 5632. New form to deposit all or part of the refund to a Missouri 529 College Savings Plan.
• Form MO-A. Increased SSI maximum benefit limit from $36,442 to $36,976.
• Military Pension Exemption. The military pension exemption percentage increased from 75% to 90%.

Forms

The Missouri Department of Revenue has approved for filing all forms and schedules included in this version of ProSeries/Missouri.

Electronic Filing

Important: Electronic filing is available in this release of ProSeries/Missouri. The Tax Year 2015 electronic filing season begins mid to late January 2016.

For a list of forms that can be e-filed, go to What's New This Year in Help Center.

Additional Information

Check all returns after printing

The Missouri Department of Revenue scans computer-generated forms to quickly process the income tax returns it receives. To meet the requirements for producing computer-generated forms, ProSeries is required to limit the width of the tax information printed on forms that are scanned. In certain cases, data you entered may be truncated. After completing a tax return, review the information that prints (for example, mailing address information), make any necessary changes, and reprint the return before mailing it.

About barcodes on printed state returns

Some states use barcodes on computer-printed tax forms. This special formatting allows the state taxing authorities to process returns more quickly and efficiently. On-screen, you'll see only a small representation of the bar code on the lower-left side of the form. This image is static and does not change based on the information in the return. However, when you print the return, the bar code appears as a large rectangular box on the first page of the form. The width of the bar code is constant; the height varies according to the data in the return. In general, the more complex the return, the larger the printed bar code.

Returns that contain special formatting may be processed at a different location than manually-prepared returns. Therefore, the filing instructions that print with the state return may contain a mailing address that's different from the mailing address in the package that is sent to taxpayers. Be sure to have your clients mail their returns to the address in the filing instructions that print with the return.

Important: Because the barcode image is a function of the data in the tax return, it's important that you reprint the page with the bar code if changes are made to any part of the return. Also, do not print blank copies of the main form and prepare them manually. The Missouri taxing authority may attempt to scan the form and reject it.

End of ReadMe file for ProSeries/Missouri