CCH® ProSystem fx® Planning: v2020.02010 Release Notes

  • Article Type:
  • Documentation
  • Last Modified:
  • 04/21/2020

Objectives

CCH ProSystem fx Planning: v2020.02010 Release Notes

Environment

  • CCH ProSystem fx Planning
  • v2020.02010

Details

Click the attached PDF to view the full release notes for CCH ProSystem fx Planning: Release v2020.02010.

New in this Release

H.R. 748, CARES Act

  • Recovery rebate
  • Modification of 80% Net Operating loss limitation
  • Modification of Limitation on business losses Section 461(l)(1)
  • Charitable cash contributions
2020 Updates

State Tax Rate Schedule Update

  • Montana 2020 tax rate schedule
  • Nebraska 2020 tax rate schedule
  • Utah 2020 tax rate
  • Vermont 2020 tax rate schedule
  • Wisconsin 2020 tax rate schedule

State Standard Deduction and Exemption Updates

  • Montana 2020 standard deduction
  • Montana 2020 exemption
  • Nebraska 2020 standard deduction
  • Utah 2020 exemption
  • Wisconsin 2020 standard deduction

Additional Information

N/A

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