Form 720 Release Memo
May 13, 2010
The following updated Schemas and Business Rules have been posted to irs.gov:
TY2010Q1v1.2, TY2010Q2v1.0 and TY2010Q3v1
TY2009Q1v1.5, TY2009Q2v1.1, TY2009Q3v1.1 and TY2010Q4v1
TY2008Q1v1.5, TY2008Q2v1.3, TY2008Q3v1.3 and TY2008Q4v1.4 (Business Rules only)
Tax Year 2010 Schema Changes
Lines 13 and 14 are included on Form 720 Schemas for the 1st, 2nd and 3rd Quarters; however, these credits are not available. Please review the “Caution” statement on Form 720 for these lines.
Note: Please disregard Schema and Business Rules version 2010Q1v1.1 posted on December 8, 2009, and the related Release Memo.
Tax Year 2010 Schema Changes (3rd Quarter)
Under Form 720, Part II, a new line has been added for IRS No. 140 – Indoor tanning services has been added
Business Rule Changes
Form 720-126 through Form 720-131
Form 720-140 (TY2010 3rd Quarter)
Form 720-123 (TY2010 3rd Quarter)
Updates have been posted for both the Assurance Testing System (ATS) and Production. The Schemas and Business Rules posted on this date can be used for ATS beginning on June 13, 2010 and for Production beginning June 27, 2010.
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