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18369: 2024.01.11 - Drake23 Updates


Drake Tax Update Notes

2024.01.11 - Drake23 Updates

 

Federal Program Update3

  • General program update.

1041 Program Update3

  • Form 4684 has been approved, and the watermark has been removed.

Florida Update 2

  • Corporation, S Corporation, and Partnership Packages:
    • The following forms have been approved for e-file:
      • F-1065
      • F-1120
      • F-1120ES
      • F-1120X
      • F-7004

Georgia Update 1

  • Individual Package:
    • GA Form 500EZ has been approved and is now available for e-file.
  • Individual and Corporation Packages:
    • The following forms have been approved and are now available for printing:
      • GA Form 500 (Individual package)
      • GA Form 600 (Corporation package)

1040 Program Update 4

  • EF Message 5722 is no longer produced when data is present on more than one "Income" tab on screen DD1.
  • The following forms have been approved, and the watermark has been removed:
    • Form 1040-NR
    • Form 8814
    • Form 8863
    • Form 4684
  • Form 5329 has been approved for e-file. Paper-filing is not available at this time, and a watermark has been added to prevent accidental paper-filing.
  • The percentages used to calculate the IRA deduction on line 7 of the IRA Deduction Worksheet - Schedule 1, Line 20 (WK_8606N) have been updated.

Louisiana Update 1

  • Individual Package:
    • The following forms have been updated for the current year and are available for e-file:
      • LA Form R-210R
      • LA Form R-10606
      • LA Form R-10610,
    • An update prevents reject "DRKPARSE" on element "LA NRPA."
  • Corporation and S Corporation Packages:
    • LA EF Message 0045 text has been updated.
  • Fiduciary Package:
    • LA Form R-541ES vouchers are now produced for each quarter as intended when entries are made on federal screen ES with "LA" selected from the "ST/City" drop list.
    • The intended amount is now produced on line 6, "Modified federal taxable income," of LA Schedule A.

Minnesota Update 1

  • Partnership Package
    • The intended amount is now calculated on the following lines of MN Schedule PTE:
      • Line 15, "Amount on line 14 attributable to resident shareholders, nonresident qualifying shareholders, and nonresident qualifying partners whose Minnesota income tax liability is not satisfied by this entity level tax"
      • Line 22, "Subtract line 15 from line 14"

Montana Update 1

  • Individual Package:
    • MT Form 2 has been approved and activated for e-file.

1065 Program Update 4

  • Form 4684 has been approved, and the watermark has been removed.

North Carolina Update 1

  • S Corporation Package:
    • An update resolves reject "DRKPARSE" on element "Corporationinfo"when filing NC K-1 Supplemental Schedule.
  • Individual Package:
    • The intended amount is now calculated on line 25 of NC Charitable Deduction Carryover Worksheet (NC WK CCLT).
    • Preparer's PTIN beginning with the letter "S" is now produced as expected on line "Preparer's FEIN, SSN, or PTIN," page 1, of NC Form D-400.
    • The direct debit date for electronically filed Forms D-400 and D-410 now defaults to 4/15/2024. Prior to this update, the default was 4/18/2024.

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