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Form 8621 Calculator – Update v16.02.01

Form 8621 Calculator

Enhancements

  • Export script to transfer data from desktop server to the cloud.

Fixes

  • Line 15b allocation between distributions.

 

Form 8621 Calculator – Update v16.01.04

Form 8621 Calculator

Fixes

  • Section 1291 PDF report formatting fix
  • Section 1291 Expatriation – deemed disposition fix
  • Mark forms as “final” after expatriation
  • Line 15b for for reinvested earning on December 31
  • Fix tax software entry for Line 15f when Line 15f is negative.
Form 8621 Calculator – Update v16.01.03

Form 8621 CalculatorUpdates

  • Never miss an update again.
    With this new enhancement you will be able to see the latest update right on your login screen. This allows you to confirm that you are using the latest version of the calculator.
  • Investments that have been completely sold and later re-purchased can now be entered in the same transaction history- no need to create a new fund in the account.

Enhancements

  • Ability to select whether a reinvested distribution was previously
    reported as income on a US return when importing transactions using the
    Excel Import template.

Fixes

  • Line 15a fix in preview mode
  • Annualized distributions fix
  • Line 5c update to not include the income from Line 14c
  • Line 10c update to include the negative amounts on the summary page
Form 8621 Calculator – Update v16.01.02

Form 8621 CalculatorUpdates

  • New Section 1291 Calculations
    • Including Return of Capital distributions in Excess Distributions calculations
    • Carry over Deemed Disposition gain as unreversed inclusions when making the Mark to Market Election.
  • Block by block tracking and reporting of Unrealized gains/losses and unreversed inclusions.

New Features

Form 8621 Calculator – Update v16.00.00

Form 8621 Calculator

Updates

  • 2015 Exchange Rates
  • 2015 IRS interest and Tax Rates