USA Tax Year Export
Download the latest USA Tax Year Export here.
The following describes the enhancements included in the December 2024 update.
Tax packages
Updated the following tax packages to support the 2024 tax year:
- CCH ProSystem fx® Tax
- CCH Axcess™ Tax
- GoSystem Tax®
- Lacerte® Tax
- UltraTax® CS
Tax export codes
Updated the following US 2023 tax export codes:
CCH ProSystem fx® Tax, CCH Axcess™ Tax
| Tax Entity | Code | Description | Change |
|---|---|---|---|
| S Corporation | K12C | Investment Interest Expense | Changed from K12B |
| K12D2 | Section 59(e)(2) expenditures | Changed from K12C2 | |
| K12EH | Portfolio Deductions-Royalty | Changed from K12DH | |
| K12EH.A | Portfolio Deductions-Royalty(Ovrd) | Changed from K12DH.A | |
| K12EK | Other Portfolio Deductions | Changed from K12DK | |
| K12EK.A | Other Portfolio Deductions(Ovrd) | Changed from K12DK.A | |
| K12ER | Other Deductions | Changed from K12DR | |
| K12ER.A | Meals and Entertainment | Changed from K12DR.A | |
| K12ER.B | Form 4684 - ST Inc Prod Loss | Changed from K12DR.B | |
| K12ER.C | Health Insurance | Changed from K12DR.C | |
| K12ER.D | Life Insurance | Changed from K12DR.D | |
| K12ER.E | Depletion | Changed from K12DR.E | |
| K12ER.G | Other Deductions (Override) | Changed from K12DR.G |
GoSystem Tax®
| Tax Entity | Code | Description | Change |
|---|---|---|---|
| S Corporation | K10E.M | Subpart F Income | New Code |
| K10E.N | Section 951(a)(1)(B) inclusions | New Code | |
| K10I | G/L disp oil/gas/geothermal/oth mineral prop | New Code | |
| K10J | Recoveries of tax benefit items | New Code | |
| K10K | Gambling gains and losses | New Code | |
| K10M | Gain Sec. 1045 rollover (stock purchased) | New Code | |
| K10N | Gain Sec. 1045 rollover (no stock purchased) | New Code | |
| K10O | Gain sale/exch QSB stock Sec. 1202 exclusion | New Code | |
| K10S | Non-portfolio capital gain (loss) | New Code | |
| K12BD | Non-Cash Charitable Contrib (50%) | Changed from K12AD | |
| K12BE | Non-Cash Charitable Contrib (30%) | Changed from K12AE | |
| K12BF | Non-Cash Charitable Contrib (20%) | Changed from K12AF | |
| K12BH | Sch K: Contributions (100%) | Changed from K12AH | |
| K12C | Investment Interest Expense | Changed from K12B | |
| K12D2 | Section 59(e)(2) expenditures | Changed from K12C2 | |
| K12EK | Other Portfolio Deductions | Changed from K12DK | |
| K12EK.B | Sch K: Other Portfolio Deductions | Changed from K12DK.B | |
| K12ER | Other Deductions | Changed from K12DR | |
| K12ER.A | Meals and Entertainment | Changed from K12DR.A | |
| K12ER.B | Form 4684 - ST Inc Prod Loss | Changed from K12DR.B | |
| K12ER.C | Health Insurance | Changed from K12DR.C | |
| K12ER.D | Life Insurance | Changed from K12DR.D | |
| K12ER.E | Depletion | Changed from K12DR.E | |
| K12ER.H | Sch K: Preproductive period expenses | Changed from K12DR.H | |
| K12ER.I | Sch K: Rental real estate commercial revitalizati | Changed from K12DR.I | |
| K12ER.J | Sch K: Reforestation expense deduction | Changed from K12DR.J | |
| K12EW | Soil and water conservation | New Code | |
| K12EX | Film, television, & theatrical prod exp | New Code | |
| K12EY | Expenditures for removal of barriers | New Code | |
| K12EZ | Itemized deductions | New Code | |
| K12EAA | Contributions to capital construction fund | New Code | |
| K12EAB | Penalty on early withdrawal of savings | New Code | |
| K12EAC | Interest exp allocated debt-financed distrib | New Code | |
| Partnership | K11I | G/L disp oil/gas/geothermal/oth mineral prop | New Code |
| K11J | Recoveries of tax benefit items | New Code | |
| K11K | Gambling gains and losses | New Code | |
| K11L | Income/gain or loss distrib under Sec. 751(b) | New Code | |
| K11M | Gain Sec. 1045 rollover (stock purchased) | New Code | |
| K11N | Gain Sec. 1045 rollover (no stock purchased) | New Code | |
| K11O | Gain sale/exch QSB stock Sec. 1202 exclusion | New Code | |
| K11P | Gain/loss disp farm recap prop & oth Sec. 1252 | New Code | |
| K11Q | G/L Fannie Mae/Freddie Mac qualif pref stock | New Code | |
| K11S | Non-portfolio capital gain (loss) | New Code | |
| K13EW | Soil and water conservation | New Code | |
| K13EX | Film, television, & theatrical prod exp | New Code | |
| K13EY | Expenditures for removal of barriers | New Code | |
| K13EZ | Itemized deductions | New Code | |
| K13EAA | Contributions to capital construction fund | New Code | |
| K13EAB | Penalty on early withdrawal of savings | New Code | |
| K13EAC | Interest exp allocated debt-financed distrib | New Code | |
| K13EAD | Interest exp for working interest oil or gas | New Code |
Lacerte® Tax
| Tax Entity | Code | Description | Change |
|---|---|---|---|
| S Corporation | K12BD | Non-Cash Charitable Contrib (50%) | Changed from K12AD |
| K12BE | Non-Cash Charitable Contrib (30%) | Changed from K12AE | |
| K12BF | Non-Cash Charitable Contrib (20%) | Changed from K12AF | |
| K12C | Investment Interest Expense | Changed from K12B | |
| K12D2 | Section 59(e)(2) expenditures | Changed from K12C2 | |
| K12ER | Other Deductions | Changed from K12DR | |
| K12ER.A | Meals and Entertainment | Changed from K12DR.A | |
| K12ER.B | Form 4684 - ST Inc Prod Loss | Changed from K12DR.B | |
| K12ER.C | Health Insurance | Changed from K12DR.C | |
| K12ER.D | Life Insurance | Changed from K12DR.D | |
| K12ER.E | Depletion | Changed from K12DR.E |
UltraTax® CS
| Tax Entity | Code | Description | Change |
|---|---|---|---|
| S Corporation | K12BI | Noncash contributions | Changed from K12AI |
| K12C | Investment Interest Expense | Changed from K12B | |
| K12D2 | Section 59(e)(2) expenditures | Changed from K12C2 | |
| K12EK | Other Portfolio Deductions | Changed from K12DK | |
| K12EL | Reforestation expenses | Changed from K12DL | |
| K12EM | Preproductive period expenses | Changed from K12DM | |
| K12ER | Other Deductions | Changed from K12DR | |
| K12ER.A | Meals and Entertainment | Changed from K12DR.A | |
| K12ER.B | Form 4684 - ST Inc Prod Loss | Changed from K12DR.B | |
| K12ER.C | Health Insurance | Changed from K12DR.C | |
| K12ER.D | Life Insurance | Changed from K12DR.D | |
| K12ER.E | Depletion | Changed from K12DR.E | |
| K12ER.F | Penalty on early withdrawal | Changed from K12DR.F | |
| Partnership | K11J | Recovery of tax benefit items | New Code |
| K11K | Gambling gains and losses | New Code | |
| K11L | G/L from a distr under 751(b) | New Code | |
| K11N | Gain sec 1045, not purch pship | New Code | |
| K11P | G/L disp farm recap property | New Code | |
| K11Q | G/L Fannie Mae or Freddie Mac | New Code | |
| K11B | S/T cap gain nondepr propty | New Code | |
| K11C | L/T cap gain nondepr propty | New Code | |
| K13EW | Soil and water conservation | New Code | |
| K13EX | Film tele theatrical prod exp | New Code | |
| K13EZ | Itemized deductions | New Code | |
| K13EAA | Contributions to a CCF | New Code | |
| K13EAC | Int exp alloc debt-finan distr | New Code | |
| K13EAD | Int exp working int in oil gas | New Code | |
| K13EK.D | Deductions - portfolio income | New Code | |
| K13EY | Expend for removal of barriers | New Code |
