2015 ProSeries Basic Edition/1040 ReadMe

Release 2015.390 / July 21, 2016

All 1040 Forms can be filed

Items addressed in previous releases of ProSeries Basic Edition/1040

What's new in ProSeries Basic Edition/1040

New ProSeries Basic Edition/1040 forms and worksheets

Obsolete ProSeries Basic Edition/1040 forms and worksheets

Tax legislation issues

Electronic filing

All 1040 Forms can be filed

All forms in this release of ProSeries Basic Edition/1040 can be filed with the IRS.

Items addressed in previous releases of ProSeries Basic Edition/1040

The following issues were fixed in prior releases

Release 2015.260 / April 21, 2016 - The issue that was generating an interactive error message during data entry on Schedule B was fixed.
Release 2015.160 / February 11, 2016 - The printing of the Amended return filing status on Form 1040-X was fixed.
Release 2015.150 / February 4, 2016 - The issue that was causing various sections of Form 1040-X not to populate with the original filed return amounts was fixed.
Release 2015.150 / February 4, 2016 - The size of the drivers license number field on the Federal Information Worksheet was increased.

What's new in ProSeries Basic Edition/1040

Updated Workflow for Healthcare requirements

ProSeries has added the Healthcare Entry Sheet to clarify the workflow for entering the ACA/Obamacare information. This worksheet is designed to be used as a guide for where and when to enter all the ACA information including health insurance coverage. Please note that for 2015 the Forms 1095 (A, B and C) do not transmit to the IRS. Form 1095-A is the only form required to be entered in order to calculate the Premium Tax Credit. You can enter information on Form 1095-B and/or Form 1095-C to indicate months covered or, for simplicity, you can indicate months covered on the Healthcare Entry Sheet.

For more information on what's new in ProSeries Basic Edition/1040, open a 1040 return, go to the Help menu, choose Help Center, then select What's New This Year?

New ProSeries Basic Edition/1040 forms and worksheets

We've added the following forms and worksheets to ProSeries Basic Edition/1040 for the 2015 tax year:

Form 14039, Identity Theft Affidavit
Form 8885, Health Coverage Tax Credit
Health Care Entry Sheet, replaces Form 1095-OTH, Health Insurance Coverage

Tip: For information about changes to existing forms, start or open a Form 1040 return, go to the Help menu, select Help Center, then select What's New This Year?

Obsolete ProSeries Basic Edition/1040 forms and worksheets

We've removed the following obsolete forms and worksheets from ProSeriesBasic Edition/1040 for the 2015 tax year:

Form 1040EZ, stand alone version. The form is now fully calculated.
Form 6251, Form 1040A Worksheet

Tip: For information about changes to existing forms, start or open a Form 1040 return, go to the Help menu, select Help Center, then select What's New This Year?

Tax legislation issues

For more information, go to http://www.proseries.com/support or http://www.irs.gov.

For more information about what's new in ProSeries Basic Edition/1040:

Start a new Form 1040 return or open an existing Form 1040 return.
Click the Help button to open the ProSeries Basic Edition Help Center.
Select What's New This Year?

Electronic filing

Electronic filing functionality is available in this release of ProSeries/1040. The IRS opened for e-file on January 19, 2016.

For electronic filing procedures and information, you can click the EF Clients tab (if HomeBase is on the screen) or the EF clients button on the toolbar (if a return is on the screen) to go to the EF Clients view. The Steps to E-File section on the right side of the EF Clients view summarizes the steps that you take when you file a client's return(s) electronically.

Click a step (in the Steps to E-File section) to see detailed information in the ProSeries Basic Edition User's Guide.
Click a button (in the Steps to E-file section) to see more information about electronic filing.

End of ProSeries/1040 ReadMe file