Release 2023.01000
December 2022
CCH® ProSystem fx® Planning
Welcome to CCH ProSystem fx Planning 2023.01000
This bulletin provides important information about the 2023.01000 release of CCH® ProSystem fx® Planning. Please review this
bulletin carefully. If you have any questions, additional information is available on CCH Support Online. As previously
communicated, we now provide software downloads for all releases. For more information on how to use Software Delivery
Manager, click here.
New in this Release
Enhancements
• Underpayment penalty rates may be entered for the first, second, third, and fourth quarter starting with the third Planning year
• Auto-flow status alert — Issued when opening a PLN file saved with an auto-flow option that is different than the current
workstation accessing the file
Inflation Reduction Act
• Extension and modification of the nonbusiness energy credit
• Extension of residential energy credit
• Expanded Premium tax credit percent qualification
2022 Updates
• Increased standard mileage rate
• Fourth quarter interest rates
2023 Updates
• Federal inflation adjustments
o Tax rate schedule
o Standard deduction
o Exemption amounts
o Capital gain 0 and 15 percent brackets
o Earned income credit amounts
o AMT exemption amounts
2
o Adoption credit limits
o AGI limits for IRA contributions
o AGI limits for retirement contributions credit
o Student loan thresholds
o Excess loss limitation thresholds
o Qualified business income thresholds
o Pension plan limits
o Health Savings account limits
o Social security wage cap
o Social security maximum tax
State Tax Rate Schedule Update
• Arizona 2023 tax rate schedule
• Arkansas 2023 tax rate schedule
• Georgia 2024 tax rate schedule
• Idaho 2023 tax rate schedule
• Maine 2023 tax rate schedule
• Mississippi 2023 tax rate schedule
• Missouri 2023 tax rate schedule
• Montana 2024 tax rate schedule
• Nebraska 2023 and 2024 tax rate schedule
• New York 2023 tax rate schedule
• North Carolina 2024 tax rate schedule
State Standard Deduction and Exemption Updates
• Georgia 2024 exemption
• Kentucky 2023 standard deduction
• Maine 2023 exemption
• Maine 2023 standard deduction
