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Drake20 Update Notes
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17327: 2021.08.05 - Drake20 Updates
17327: 2021.08.05 - Drake20 Updates
3 Years Ago
Drake20 Update Notes
2021.08.05 - Drake20 Updates
Indiana Update 17
Corporation Package
Multiple entries are now allowed for line 9, "Distributive Share Income from Non-unitary Partnerships & Tiered Partnerships," columns C and D, on Schedule F, Allocation of Non-business Income and Indiana Non-unitary Partnership, of IN Form IT-20, Indiana Corporate Adjusted Gross Income Tax Return, preventing rejects "SF-022" and "SF-023."
Minnesota Update 18
Individual Package:
The following forms have been updated to the latest version as per recent MN tax law changes:
Schedule M1NC, Federal Adjustments
Schedule M1NR, Nonresident/Part-year Residents
Schedule M1M, Income, Additions and Subtractions
Schedule M1SA, Itemized Deductions
Partnership Package:
The following forms have been updated to the latest version as per recent MN tax law changes:
Schedule KPC, Partner's Share of Income, Credits and Modifications
Schedule KPCNC, Federal Adjustments
Schedule KPI, Partner's Share of Income, Credits and Modifications
Schedule KPINC, Federal Adjustments
Fiduciary Package:
The following forms have been updated to the latest version as per recent MN tax law changes:
Schedule KFNC, Federal Adjustments
Schedule M2SBNC, Federal Adjustment
Schedule M2NC, Federal Adjustments
Corporation Package:
The following forms have been updated to the latest version as per recent MN tax law changes:
Schedule M4X, C-Corp Amended Franchise Tax Return
Schedule M4NC, Federal Adjustments
Schedule M4I, Income Calculation
S-Corporation Package:
The following forms have been updated to the latest version as per recent MN tax law changes:
Schedule KSNC, Federal Adjustments
Schedule KS, Shareholder's share of Income, Credits and Modifications
Pennsylvania Update 29
Fiduciary Package:
Line 14c, "Number of days after Dec .31, 2020," on page 2 of Form REV 1630F, Underpayment of Estimated Tax by Fiduciaries, was updated so that "105" will be printed for 2021 instead of "106" days - which included the Leap Day in 2020.
The business street address will now be printed, as expected, on page 1 of Form PA-40, Schedule C, Profit of Loss from Business or Profession.
EF Message 178 has been renumbered as PA 370: "Estimated vouchers can only be filed electronically prior to their due dates." If the return is calculated after the estimate due date, then a payment date is required.
Accrual information will now be calculated on page 2 of PA Schedule F, Farm Income and Expenses, when the "Accrual" check box is marked on federal screen F. Prior to this update, marking the box produced a blank page.
The line 46 reference on the Electronic Filing Attachment (PAEFATN) has been corrected to refer to line 44.
Individual Package:
Gross receipts now flow from federal Schedule C, line 3, to line 7a,
"Sales and/or rentals of tangible personal property," of Form BIRT-EZ, C
ity of Philadelphia Business Income & Receipts Tax.
"Other income" now flows from line 6 of federal Schedule C to
line 7i, "Other," of Form BIRT-EZ, City of Philadelphia Business
Income & Receipts Tax.
S Corporation and Partnership Packages:
An update prevents the following DRKPARSE element: "'CheckboxType'
The
Enumeration
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failed."
Returns
with
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error sh
ould
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recalculated
and
refile
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