In some cases, accountants have had to override the programs, he said.
Indeed, H&R Block was among the providers that had to update their programs to reflect those recent rule changes.
One update required the software company to add a statement that must be filed for rental property owners who are using the new safe harbor to qualify for the 20 percent deduction, said Phillips of H&R Block.
The other software adjustment relates to a calculation to determine an entrepreneur’s qualified business income, accounting for self-employment taxes, health insurance and retirement plan contributions, he said.
“These are very complex calculations, and the guidance was very general,” said Phillips. “The guidance came out before IRS filing season opened, so we held the returns.”
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