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DonnaAbbott
Level 4
April 27, 2026
Question

What's the deal with the new explanation statement "Amortization of Domestic Research and Experimental costs" for every return that has depreciation?

  • April 27, 2026
  • 2 replies
  • 22 views
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2 replies

sjrcpa
Level 15
April 27, 2026
Chessie
Level 4
April 29, 2026

ProSeries downloaded this afternoon a fix to the glitch for Explanation Statement "Amortization of Domestic R&E costs".    When I had called ProSeries, they said were "investigating" the issue and it only affected returns with Depreciable Assets - that matched my experience with my client returns that were "glitching". 

I checked around noon today for an update but there was none.  However, I just now checked again before e-filing another return and saw a new update.  It FIXED the glitch!  Thank you to the team who fixed the issue!  

Level 5
April 27, 2026

It’s a bad update glitch. They say they are working on it.

its even on returns without depreciation!