Form 8941 - Credit Exclusively from a Passthrough Entity - Update
Dear ProSystem fx Customer:
In an earlier e-fxNews, we communicated an issue with Form 8941, Credit for Small Employer Health Insurance Premiums, in the Individual tax system. The IRS has issued notices for returns where a value was on Form 8941, Line 15, but insufficient supporting details were present.
We have worked with the IRS to mitigate future notices on this issue. In the case where Form 8941 is incomplete and the EIN of the passthrough entity is on Form 3800, Line 4h, Column b, a notice will not be sent.
We apologize for any inconvenience this issue caused.
Find answers to your CCH questions in our Knowledge Base at http://support.cch.com/answers/.
Sincerely,
CCH, a part of Wolters Kluwer
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