18052: 2023.03.02 - Drake22 Updates

General State Programming Update 11

• Arkansas:
  • S Corporation and Partnership Packages:
    • AR Form AR8453-PET has been added to Setup > Pricing.
• Idaho:
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages: 
    • ID Form 56A has been updated in Setup > Pricing.
• Kansas:
  • Individual Package:
    • Filing instructions have been updated for KS Amended Homestead returns (Forms K-40H, K-40PT, and K-40SVR), instructing the preparer how to file the amended return based on the amount of the original refund and the amended refund.
• North Carolina:
  • S Corporation Package:
    • The NC Out-of-State Tax Credit Worksheet (NCB_WK) has been added to Setup > Pricing.
• Oklahoma:
  • Individual Package:
    • The form order in View/Print mode has been updated for page 3 of OK Forms 511 and 511-NR.

Colorado Update 11

• Individual Package:
  • Amounts are no longer produced on line 3, "Qualified Business Income Deduction Addback," of CO Form DR 0104 when the taxpayer's income is below the income threshold.

Iowa Update 15

• Individual Package:
  • An update resolves reject "DRKPARSE" on element "taxrate" regarding IA Form 4136. 
  • IA EF Message 0300 is now produced when line 15, "Contributions other than by cash or check," of IA 1040 Schedule A is greater than $500, informing the preparer that a PDF attachment is required.
• Partnership Package:
  • IA EF Message 0199 is now produced when an invalid business code is entered on federal screen 1, preventing reject "DRKPARSE" on element "NAICS." 
  • IA EF Message 0002 is no longer produced when filing IA Form PTE-C.
  • IA Form PTE-C has been approved and activated for e-file.
• Fiduciary Package: 
  • IA EF Message 0145 is now produced when no ID type is selected from the "SSN/ITIN/PTIN/IAN" drop list on IA screen POA, preventing reject "DRKPARSE" on element "PowerOfAttorney."

Kentucky Update 10

• Individual Package:
  • An update now prevents reject "WA-F740-0059."
  • An update prevents reject "DRKPARSE" on element "MethodAndConvention."
  • The threshold amounts on line 1, "Maximum amount," and line 3, "Threshold cost of section 179 property...," on KY Form 4562 have been updated.
  • The intended amounts will now be produced on the following lines of KY Form 740-NP:
    • Line 24, "Enter Child and Dependent Care Credit..." 
    • Line 26, "Income Tax Liability"
    • Line 28, "Add lines 26 and 27"
    • Line 30, "Add lines 28 and 29"

General Program Update 25

• Update LYD > Update Settings to update the license number under the Power of Attorney section (Setup>Preparers) when updating a return from the prior year

Utah Update 5

• Individual Package: 
  • The intended rounded amount is now calculated on line 11, "Social Security Benefits Credit," of the Utah Retirement and Social Security Worksheet (UTWK_RET).
  • The amount on line "Other" in the "Apportionable Nonrefundable Credits" section on UT screen 2 now flows as intended to Part 3 of UT Form TC-40A.
• Fiduciary Package:
  • The expected amounts are now calculated in Column J, "Withholding tax to be paid by this fiduciary," on UT Form TC-41N when there is more than one UT Form TC-41N present in the return.
• S Corporation, Partnership, and Fiduciary Packages: 
  • The website for making online tax payments has been updated on the Utah filing instructions.