TaxSaver Update News for February 25, 2000
You can download the latest changes to TaxSaver. The following forms are final and they are available for update. Just click Next at the bottom of this screen, and then click Download on the following screen. For more detailed information about the updates—and to print the update information—on the Resources menu in TaxSaver, click TaxSaver on the Web, and then click Product Updates.

Program Issues

Issue

Quitting TaxSaver while entering information in multiple-line fields
If you quit TaxSaver while entering data into a box with multiple-line entries, and then you start TaxSaver again and continue to enter data, the calculated totals may not be correct.

Solution

Download the latest TaxSaver updates. On the File menu, click Update TaxSaver. The updates will resolve this issue.

Electronic Filing 

Issue

Taxpayer’s and spouse’s name suffix
If a taxpayer’s or spouse’s name includes a suffix (II, III, etc.) written as an arabic numeral (2, 3, etc.), the name may be formatted incorrectly. A name may also be formatted incorrectly when special characters (/, —, etc.) are used in addition to letters in the suffix field. 

Solution

Download the latest TaxSaver updates. On the File menu, click Update TaxSaver. The updates will resolve this issue.

Issue

Dependent care benefits on Form W-2
If you enter dependent care benefits on Form W-2, but you do not enter expenses for child and dependent care, you cannot successfully file the tax return electronically. 

Solution

Download the latest TaxSaver updates. On the File menu, click Update TaxSaver. The updates will resolve this issue by reminding you to enter your expenses.

Issue

Claiming the earned income credit (EIC) using an override of wages
In order for you to claim the earned income credit, your tax return must include specific types of income. One allowable type of income is wages. For electronic filing, you must enter these wages on Form W-2. TaxSaver then transfers this amount to Form 1040, Form 1040A, or Form 1040EZ. When filing electronically, the IRS will not accept an override on the wages line on these forms without a Form W-2 being present.

Solution

Download the latest TaxSaver updates. On the File menu, click Update TaxSaver. The update will resolve the issue by preventing you from filing your return electronically until you remove the override.