18292: 2023.09.14 - Drake22 Updates

Federal Program Update 41

• An update prevents reject "DRKPARSE" on element "referenceDocumentID" when filing Schedule K-2.

1040 Program Update 45

• Charitable contribution carryforwards subject to 100% of AGI in prior years are now included on the "Contributions subject to 60% of AGI limitations" line of the Carryover Worksheet (WK_CARRY). These amounts will be automatically updated to Drake Tax 2023.

New Jersey Update 23

• S Corporation Package:
  • The intended amount is now calculated in column C on page 2 on NJ Form PTE-100.

General Program Update 53

• Add ACA PTC Net report keyword to identify returns with Form 8962 Credit.

1120S Program Update 37

• An update prevents reject "DRKPARSE" on element "PaymentAmt" when "0" (zero) is produced on line 25, "Amount owed," of Form 1120-S and data is present on screen PMT.

Tennessee Update 16

• Individual, Corporation, S Corporation, and Partnership Packages: 
  • "Taxpayer has filed for federal extension" check box is now marked on TN Form FAE 183 when "Extension was previously filed; ready to file tax return" is selected on federal screen 4868 or 7004.