OFX 2.0.3 is the same as OFX 2.1.1 but without loans and amortization, images, investment closing and Automatic 1-Way download. (It is therefore a smaller spec and more easily perused if the newer features aren’t needed.) Unlike OFX 1.0.3, 401K and Tax are included in OFX 2.0.3. OFX 2.x specifications are also XML (versus SGML) based.
Download Tax Specification/Schema for Tax Year 2016
In Tax Year 2016, IRS will test the capability of a W-2 Verification Code to verify the authenticity of Form W-2 data included with the return. The code will appear on approximately one million W-2s form. The taxpayer will include the code when e-filing his or her individual income tax return, and the W-2-import record layout and the 1040 MeF schema have been updated to support this. Incorrect or missing verification codes will not delay the processing of a tax return.
Download the Zipped Schema OFXTax2016-Schedule-K1-Addon
These add-on schema files are compatible with and are intended to augment the existing Tax Year 2016 schema files. To use these schema files, first download the " Zipped PDF with Schema OFX Tax 2016.zip" schema files and then extract these schema files, overwriting any duplicates. These add-on schema files represent an experimental set of schema files and no additional specification (PDF) information is currently being provided for implementations.