CCH® ProSystem fx® Planning: v2021.02010 Release Notes

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

Objectives

CCH ProSystem fx Planning: v2021.02010 Release Notes

Environment

  • CCH ProSystem fx Planning
  • 2021.02010

Details

Click the attached PDF to view the complete CCH ProSystem fx Planning Release Notes v2021.02010.

New in this Release

American Rescue Plan Act

  • Unemployment exclusion of $10,200 per taxpayer for 2020
  • Recovery rebate for 2021
  • Refundable and expanded child tax credit for 2021
  • Advance payments for child tax credit calculations for 2021
  • Refundable child and dependent care credits for 2021
  • Excess business loss extended until 2026
  • Expanded Premium tax credit percentage for 2021
  • Excess advance health insurance premiums repayment exclusion for 2021
  • Earned income tax credit expansion for taxpayers with no dependents in 2021

2020 Updates

  • Federally nontaxable paycheck protection program loan
  • Expenses paid with federally nontaxable paycheck protection program loan

2021 Updates

  • Utah exemption

2022 Updates

  • Georgia standard deduction

Additional Information

N/A

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