The current version of FutureTax T2 2012.1 is 4.0.1.511 (in "Help" > "About FutureTax" menu).

Normally FutureTax will update itself when your Internet is connected; you can also update your version of FutureTax manually by clicking "Help" > "Check for Updates" (please see figure 1):

[Figure 1]

If you are unable to update, just download the software and reinstall it again.

Please note the update operations won't erase any of your tax return files and license information.