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Assets
Plus
Equal
Shares
Clarification: This update allows users that currently have the full version Adobe Acrobat to print to PDF, where the graphical display of Unallocated Distributions now will appear correctly.
Divorce
Math
Divorce Planner - Generally
The State Sales Tax Bill (12/10/08)
Congress has extended the state sales tax deduction through January 1, 2010. See 26 USCA § 164. Your Divorce Planner software currently has the appropriate tables embedded in the Itemized Deductions screen. Select the appropriate state from the drop down option provided and recalculate. You will need to do this step for each new case created. This will return to being automatic on the 2009 release.
The New Housing Bill - Additional Standard Deduction for Property Taxes (8/5/08)
Congress has passed legislation which allows an additional standard deduction for real property taxes for the taxable calendar year 2008. The maximum deduction allowed is $500 ($1,000, Married Joint). This deduction is not recurring at this time. If the party does not itemize deductions, enter the lesser of Total Real Property Taxes or $500 ($1,000, Married Joint) in Case Facts, Federal Tax Variables, line 6. The nominal cash effect of this additional deduction will range from $75 to $175 per year ($150 to $350 Married Joint) as a result of the additional tax savings.
Some Users have experienced popup error messages that will automatically close Divorce Planner after a case has been transfered. This was due to transfering cases that were created prior to a 2006 release. West has updated the Case Transfer file to correct this issue. Click on the Get this Update link above to replace the file.
Step 1. Choose the option to "open" the file. This will open your Unzip software. Save the file in the same directory where you installed the main software (Default install can be found at C:\Program Files\West\FinPlan\DivPlan\IL07 (state abbreviation 07). This is not the same directory where you have chosen to store your dpdata file.
Step 2. Delete all cases that were actually transfered using Case Transfer while in Divorce Planner.
Step 3. Close down Divorce Planner.
Step 4. Select Case Transfer and re-transfer the cases again, or transfer only the cases you're actually going to work on.
Call the Customer Technical Support with any questions.
Divorce
Planner - State Specific
AK | AL
| AZ | CO | CT | DC | DE |
FL |
GA
| IL | IN | IA | KS | KY | LA | MA |
MD
| MI |
MN
| MO | MS | NC | NE | NH | NJ | NM | NV | NY |
OH
| OK |
OR
| PA | SC | SD | TN | TX | UT | VA | WA | WI | WY
Florida
The patch file includes the following: Made a few text changes on the Child Support Worksheets to accommodate the new rules effective October 1, 2008 where parents are no longer defined as custodial and noncustodial parents.
Georgia
The patch file includes the following: Fixes a bug on the optional Parenting Time Worksheet, where entering 2 or more shared children would generate a popup error. This has been resolved.
Maryland
The patch file includes the following: Fixes a bug where child support from S-2, Line 8 was using the percent from S1, line 14. It should have used the percent from S1 line 15 which can override line 14.
Minnesota
The minimum
Self Support Reserve has been changed to 1040 from 1021 (current as of 5/08, Bulletin #08-69-04).
Change the default by going to the General tab, Utilities, Create Report Header
Line and Set Default Values screen. Enter 1021 in the Self-Support Reserve
field.
The DHS has released a new publication to establish the 2008 Co-Payment Schedules (Bulletin #07-68-07) for the Child Care Assistance Program.
The DHS has released a new publication to establish the 2009 Co-Payment Schedules (Bulletin #08-68-07) for the Child Care Assistance Program.
Ohio
The patch file updates the newly revised child support worksheets.
Important! If the private health insurance costs are unknown at the time of entering your case facts, you must enter .01 on line 4, Support Related Facts to produce values on line 28 of the worksheet. Without doing so, will produce NA text on lines 28 and 29.
Oregon
The patch file includes the following: Fixes a bug where child support from S-2, Line 8 was using the percent from S1, line 14. It should have used the percent from S1 line 15 which can override line 14.
Archives
AMT Update (passed
into law May 17, 2006).
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