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18409: 2024.02.02 - Drake23 Updates


Drake Tax Update Notes

2024.02.02 - Drake23 Updates

 

Individual Package Update 7

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "StateLocalTaxGrp."

Federal Program Update 11

  • An update prevents rejects "F8283-025" and "F8283-030."
  • An update prevents reject "DRKPARSE" when a mixed case VIN is entered on screen 936A (Individual and Tax-Exempt packages) or 8936 (Corporation, S Corporation, Partnership, and Fiduciary packages).

Colorado Update 1

  • S Corporation, Partnership and Fiduciary Packages:
    • CO Form DR 8454, "Income Tax Declaration for Online Electronic Filing", will print as expected.
  • Individual Package:
    • The CO Individual package has been approved and activated for e-file.

1041 Program Update 10

  • The watermark has been removed for Schedule B (Form 1116).

Hawaii Update  2

  • Individual Package
    • An update prevents reject "DRKPARSE" on element "Secondary" when filing HI Form N-11.

1040 Program Update 14

  • Entering "0" (zero) for "Qualifying childcare expenses incurred and paid in 2023" on screen 2 no longer causes a dependent with no qualifying childcare expenses to be included on Form 2441. The check box "Include dependent on Form 2441 without qualified expenses" must be marked instead in this situation.
  • An update prevents reject "F8889-013."
  • Entries on screen LOSS for calendar year 2018 are now processed correctly.
  • The calculation of line 1b on the Worksheet for Form 2210, Part III, Section B - Figure the Penalty (WK_2210) has been updated.
  • An update prevents reject "F5329-004." - The watermark has been removed for Schedule B (Form 1116).
  • Form 8915-F has been approved for filing and the watermark has been removed.

Iowa Update 7

  • Individual Package:
    • The intended amount is now produced on line 20, "Total modifications to federal taxable income," page 4 of Form IA 1040.
    • e-File specification have been updated per recent IA guidelines.
    • e-File specifications have been updated per IA guidelines for Form IA100H.
    • e-File specifications have been update per recent IA guidelines for the following forms:
      • IA 133
      • IA 177
      • IA 1040
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • e-File specifications have been updated per recent IA guidelines for the following forms:
      • IA 147
      • IA 178
      • IA 8801
  • Fiduciary Package:
    • e-File specifications have been updated per recent IA guidelines.

Kansas Update 6

  • Individual Package:
    • KS Form K-210 is no longer produced if no underpayment amount is calculated on line 11.
  • S Corporation and Partnership Packages:
    • An update resolves reject "DRKPARSE" on element "TotalTxbleIncElectPart."
    • Line references have been updated for EF Message 0752.

Massachusetts Update 7

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "Secondary."
    • EF Message 1192 is no longer produced when Form M-4868 is present in the return.
    • The amount on line 5, "Massachusetts farming and fisheries credit," of MA Schedule FAF now flows as intended to MA Schedule CMS.

Maine Update 7

  • Individual Package:
    • The Pension Income Deduction Worksheet will now pick up the lesser Maine pension amount for state retirees for line 1, "Total eligible non-military pension income."

Minnesota Update 9

  • Individual Package
    • The intended amount is now calculated on line 5 of M1SA - Worksheet Line 26 (SAWK2).

1065 Program Update 10

  • General program update.

North Carolina Update 5

  • Individual Package:
    • An update resolves reject "NCD400-2036" when filing NC Form D-400.
  • Partnership Package:
    • An update resolves reject "NCD403-1360" when filing NC Form D-403.
    • NC Form D-403 NC-NPA is now produced when "Estate" or "Non-Grantor Trust" is selected from the "Partner type" drop list on federal screen K1.

Nebraska Update 2

  • Corporation Package:
    • NE Form 1120XN has been approved for filing by the Nebraska DOR.
  • Partnership Package:
    • Line 27, "Amount to credit to 2024 estimated tax," has been added to NE screen 1.
  • S Corporation and Partnership Packages:
    • The intended amount is now calculated on line 14, "PTET for tax years 2018 - 2022," of NE Forms 1065N and Form 1120-SN.

New York Update 4

  • Multiple Packages:
    • Form IT-662, Child Care Expansion Credit, has been added to the Drake program.
    • The form will generate when the total credit amount is greater than 0.
  • Individual Package:
    • Form IT-272, box H, will now subtract any assistance or refunds entered on federal screen 8863, Education Credits.
    • The following forms have been approved for e-file by the New York State Department of Taxation and Finance:
      • IT-201, Resident Income Tax Return
      • IT-203, Nonresident and Part-Year Resident Income Tax Return
      • IT-214, Claim for Real Property Tax Credit
      • NYC-210, Claim for New York City Tax Credit
    • e-file message page 0323 will prevent the e-filing when the following forms are present in the return:
      • IT-201-X, Amended Income Tax Return
      • IT-203-X, Amended Nonresident/Part-Year Resident Income Tax Return
      • NYES_WK1-9, Estimated Tax Worksheets,
      • IT-212, Investment Tax Credit
      • IT-213, Empire Child Tax Credit
      • IT-255, Claim for Solar Energy System Equipment Credit
      • IT-267, Geothermal System Energy System Credit
      • IT-360.1, Change of City Resident Status

Ohio Update 12

  • Individual Package:
    • The Ohio SD100 School District Income tax return has been approved for printing.
    • Line 23 on the SD100 will now calculate correctly when it is a part year return.
    • A program update helps prevent OH-PIT-034.
    • A program update will now use the largest of box 5 or the total of box 18s on the IR 25 Columbus income tax return for individuals.
    • A program update helps prevent IR25 reject DRKPARSE for element 'PartBC'.
  • S Corporation and Partnership packages:
    • The IT4738 will now print as expected.
  • Individual, S Corporation, Corporation, Partnership and Fiduciary Packages:
    • Information will now flow as excepted when the City of Blendon is entered on a city dropdown list.
    • The tax rate for Brimfield Kent JEDD has been updated to the current year rate of 1.75%.

Oklahoma Update 4

  • Individual Package:
    • An update resolves reject "R0000-013."

Oregon Update 6

  • Corporation Package:
    • The preparer's license number is now produced on OR Form SC-2023 as intended.
    • The contact's first name is now produced on Form OR-20-V as intended.
  • Individual Package:
    • An update prevents reject "DRKPARSE" on elements "OR-40N" and "OR-40."
  • Corporation and S Corporation Packages:
    • EF Message 0146 is now produced when withholding payments are present in either of the following locations, preventing reject "F720-0063":
      • Form OR-20, line 24
      • Form OR-20-I, line 18
  • Partnership Package:
    • An update prevents reject "DRKPARSE" on element "OR-65."
  • Individual and Fiduciary Packages:
    • An update prevents reject "DRKPARSE" on element "ORSurplusCreditAmt."
  • Individual, Corporation, S-Corporation Packages
    • Update to remove banners from approved forms.

General Program Update 15

  • General program update.

1120 Program Update 11

  • General program update.

1120S Program Update 12

  • General program update.

South Carolina Update 4

  • Corporation and S Corporation Packages:
    • Forms SC 1120 and SC 1120S are now available for e-file.
    • Return Note 16 is now produced when the SC license fee is not required because "Final return" is selected on federal screen 1.
    • A watermark has been added to Form SC2220 until form changes are released by the SC DOR.
  • Corporation Package:
    • "Initial Return" check box has been added to SC screen 1.

990 Program Update 10

  • General program update.

Vermont Update 3

  • Individual Package:
    • An update corrects an e-file issue with VT Schedule IN-119, Part 2, line 1.
    • The VT Property Tax Adjustment Worksheet (VTWK_PTA) now works as expected.
    • An update was made so that W-2 wages now flow to form VT IN-113 when there are VT wages for a resident state other than VT.
  • Corporation Package:
    • An update prevents reject "DRKPARSE" on element "FedTaxableInc."
  • S Corporation and Partnership Packages:
    • An update prevents "DRKPARSE" on element "IncomeOtherState."

Wisconsin Update 3

  • Individual Package:
    • The intended amount is now calculated on line 8, "Your Wisconsin NOL carryforward," Part I, of WI Schedule NOL2.
    • The intended amount is now calculated on line 16, column B, of WI Form 1NPR when the return contains WI-sourced gambling winnings.
    • WI Schedule SB is now generated when a "Form & Line Number" of "SB43" is selected on WI screen WISB > "Entity Level Additions/Subtractions."
    • The intended amount is now calculated on line 3, Schedule 2, of WI Schedule H.
    • 2023 "Deductions" are now calculated on the WI Three-Year State Tax Return Comparison (WI-COMP).
    • The WI 2024 Estimated Income Tax Worksheet (WIWK_EST) has been updated per recently updated WI Form 1-ES instructions.
  • Partnership Package:
    • The pass-through entity representative's name is now produced automatically on WI Form 3 for individual representatives.
    • The intended amount is now calculated on line 13, "Other deductions," of WI Schedule 3K-1 when an amount is present on line 13a, "Cash contributions," of federal Form 1065, Schedule K.

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