18282: 2023.08.31 - Drake22 Updates

Massachusetts Update 39

• Fiduciary Packages:
  • The intended amount is now calculated on line 22, "Short-term capital losses applied against interest and dividends," and line 26, "Short-Term Capital Gains and Long-Term Gains on Collectibles," of MA Schedule B.
• Tax-Exempt Package:
  • .Data entry screens for MA PC have been disabled.
  • MA Form PC can no longer be paper-filed as of September 1, 2023.
• S Corporation, Partnership, and Fiduciary Packages:
  • The intended amount is now produced on line 14, "Payment due at time of filing," of MA Form 63D-ELT.

Nebraska Update 11

• This update is a behind the scenes change to adjust variables that are used in the programming.

New York Update 29

• Individual Package:
  • The NY Estimated Tax Worksheets
  • Form IT-2105 (NYES_WK6) have been updated to the latest version to conform with tax law changes beginning on or after January 1, 2023, for individuals with net earnings from self employment. To address this change, the check box "NYC MCTD ZONE 1" has been added to NY screen ESTM; marking this box signifies that the Zone 1 worksheet is to be used to compute the estimated tax rate of .47%.