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18267: 2023.08.18 - Drake22 Updates


Drake22 Update Notes

2023.08.18 - Drake22 Updates

 

Alabama Update 21

  • S Corporation and Partnership Package:
    • The intended amount is now produced on line 7a, "Overpayment to be credited to 2023 return," of AL Form PTE-C.

Arizona Update 30

  • S Corporation and Partnership Packages:
    • Lines 42 and 44 of AZ Form 120S are now limited to "0" (zero), and Return Note 22 is now produced, when:
    • Line 1, "Total distributive income (loss)," of AZ Form 120S is negative.
    • "Did the S Corporation make the Pass-Through Entity (PTE) election to pay tax at the entity level" is selected on AZ screen 120S.
    • Lines 17 and 19 of AZ Form 165 are now limited to "0" (zero), and Return Note 22 is now produced, when: 
    • Line 1, "Federal ordinary business and rental income," of AZ Form 165 is negative.
    • "Partnership made the PTE election to pay taxes on its flow-through income at the entity level" is selected on AZ screen 165.

General State Programming Update 26

  • Individual, Corporation, S Corporation, Partnership, Fiduciary Packages: 
    • Code "MCALISTER - McAlister-Cheviot JEDD" has been added to the OH City drop list.

1040 Program Update 43

  • General program update.

Iowa Update 42

  • Individual Package: 
    • The total credit amount from IA Schedule CC now flows to line 62, "Other refundable credits," of Form IA 1040 for Married Filing Separately Combined returns. 
    • Data from e-filed IA Schedules CC is now properly transmitted to the Iowa DOR. 
    • An update prevents reject "DRKPARSE" on element "FormIA148PartII."
  • S Corporation and Partnership Packages:
    • Amended Forms IA 1120S and IA 1065 can now be included in the same transmission file with an amended Form IA PTE-C.
    • EF Message 1017 is now produced only when applicable.
  • S Corporation, Partnership, and Fiduciary Packages: 
    • Form IA 102 can now be filed with an amended Form IA PTE-C.
  • Fiduciary Package: 
    • Amended Form IA PTE-C is now referenced in applicable filing instructions.

Illinois Update 23

  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • EF Message 1200 is now produced as expected when IL Form IL-2220 is present in the return and there are no amounts present on various lines of the form.
  • S Corporation and Partnership Packages:
    • The amount on line 7, "Enter the total pass-through entity tax credit," is no longer included in the calculation on line 61, "Pass-through entity tax," page 3, of IL Form 1120-ST/IL-1065 when "Check this box if you elected to file and pay Pass-through Entity tax" is selected on IL screen INFO.

New Mexico Update 13

  • Fiduciary Package:
    • The expected date is now produced in box "Extended Due," on NM Form FID-D.

General Program Update 51

  • State "2022 Estimated Taxes to be Paid for Next Year" entered on screen ES (Corporation package) in Drake Tax 2021 are now updated correctly to Drake Tax 2022. Affected returns should be reviewed for accuracy.

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