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Read me! - Very Important Update Information

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Current Release Information - Also read about Known Problems

 

Version History for Magtax 2021

Version 2021.0.4 - Released on 1/20/2022
  • Fixed Adjust Various Forms
  • Fixed 1099-R print adjustments
  • Fixed Correct an issue in generating IRSTAX fire file related to new amount codes.
Version 2021.0.3 - Released on 1/18/2022
  • Fixed Prior Year Copy wasn't clearing 1099-NEC amounts under certain conditions
Version 2021.0.2 - Released on 1/14/2022
  • Completed Various Form Print Adjustments
  • Fixed W3 Showing incorrect year
Version 2021.0.1 - Released on 1/10/2022
  • Completed 1099-NEC (05) - Copy B and 2 swapped so recipient can remove Copy 2 for filing and retain their copy and instructions together.
  • Fixed 1099-NEC 3 per page is the IRS format for 2021. 2020 was 2 per page.
  • Fixed 1099-NEC showing 2020 on entry screen
Version 2021.0.0 - Released on 11/16/2021
  • Initial Release

 

 

Copy forms from 1099-Misc to 1099-NEC - On the 1099-Misc list screen there is a new button in the Selected box lower right.

Forms you select will be copied to 1099-NEC when you click that button.

 

Printing Prior Year Forms

 

Multi-Copy W2 Printing

Data Location Utility

Wage Limits