CCH® ProSystem fx® Planning: v2021.02000 Release Notes

  • Article Type:
  • Documentation
  • Last Modified:
  • 05/20/2021

Objectives

CCH ProSystem fx Planning: v2021.02000 Release Notes

Environment

  • CCH ProSystem fx Planning
  • 2021.02000

Details

Click the attached PDF to view the complete CCH ProSystem fx Planning Release Notes v2021.02000.
 

New in this Release

Consolidated Appropriations Act of 2021       

  • Deduction for mortgage insurance premium
  • Nonbusiness energy property credit
  • Residential energy credit
  • Education credit income phaseouts consolidation
  • 100% charitable contribution
  • Deduction for charitable contributions for non-itemizers
  • Additional recovery rebate

2021 Federal Update

  • Federal mileage rates

State Tax Rate Schedule Update

  • Minnesota 2021 tax rate schedule
  • Nebraska 2021 tax rate schedule
  • New Mexico 2021 tax rate schedule
  • Rhode Island 2021 tax rate schedule
  • Vermont 2021 tax rate schedule
  • Wisconsin 2021 tax rate schedule

State Standard Deduction and Exemption Updates

  • Minnesota 2021 standard deduction
  • Nebraska 2021 standard deduction and exemption credit amounts
  • Rhode Island 2021 standard deduction and exemption amounts
  • Wisconsin 2021 standard deduction

Additional Information

N/A

  Solution Tools
 Solution Id 000120468/000120468
 Direct Link
To provide feedback on this solution, please login.

Your feedback about this article will help us make it better. Thank you!