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18414: 2024.02.06 - Drake23 Updates


Drake Tax Update Notes

2024.02.06 - Drake23 Updates

 

Iowa Update 8

  • Individual Package:
    • Form IA 1040 has been approved for e-file.
    • The amount entered on line 15, "Health Insurance Deduction," of IA screen 4 now flows as intended to line 15, page 4, of Form IA 1040.
    • The amount entered on line EE, "Educator Expenses," of IA screen LN19 now flow as intended to line 19, "Other Adjustments," column B, page 4, on Form IA 1040.
    • Gambling income is no longer produced on line 11, "Other income," page 4, of Form IA 1040.
  • Corporation Package:
    • IA Schedule H1 has been removed from the program.
    • IA Schedule J has been updated to the latest version.
  • Individual, Corporation, and Fiduciary Packages:
    • Form IA 124 has been updated to the latest version.
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • IA Form 102 is now available for printing. Fiduciary Package:
    • IA Form 8453-F is now available for printing.

Illinois Update 5

  • Individual Package:
    • IL EIC is no longer produced when "No" is selected for "Was the taxpayer's main home in the U.S. for more than half the year" on federal screen 8867.
    • IL EIC is no longer produced when "Dependent of another" is selected on federal screen 1.
    • IL EIC is no longer produced when "Do not take IL EIC" is selected on IL screen EIC.
    • Gambling winnings from other states entered on federal screen W2G now flows as intended to line 15, "Other income," column B, on IL Schedule CR.

Maryland Update 5

  • Individual Package:
    • An update prevents reject "FinTran-98300-020."

Maine Update 8

  • Individual, Corporation, and Fiduciary Packages:
    • The following credit worksheets have been approved for printing:
      • Biofuel Commercial Production and Commercial Use Tax Credit (MEWKBPUT)
      • Credit for Rehabilitation of Historic Properties Worksheet (MEWKRHHP)
      • New Markets Capital Investment Credit Worksheet (MEWKNMCI)
    • Watermarks have been removed and EF Messages have been updated for ME.

New York Update 6

  • Individual Package:
    • Credit form IT-213, will no longer compute lines 10-13 when both boxes 2 and 3 are marked no and box 5 is greater than 0.

Ohio Update 14

  • Individual Package:
    • An update prevents reject "OHSD100-7220."
    • An update prevents reject "DRKPARSE" on element "BankAccountNumber."
    • An update prevents reject "DRKPARSE" on element "StateAbbreviationCd" when filing OH Form IR-25.
    • The Tuscarawas credit limit has been updated to 1.5%.
    • Amounts are no longer produced on lines 33 and 34 of OH Form SD100.
  • S Corporation Package:
    • An update prevents reject "DRKPARSE" on element "EPTEAddBackInfo."

Oklahoma Update 5

  • Individual Package:
    • The watermark has been removed from OK Form 511-NR.
    • The watermark has been removed from OK Form 511.
    • The banner "Taxpayer Copy Only - Do Not Mail This Form" has been added to OK Form 511; this banner will be removed when 2D barcodes have been approved for printing.
    • An update resolves reject "R0000-013."

Pennsylvania Update 3

  • Individual package:
    • The following forms are now available for Print:
      • PAUE
      • PARK1
      • PANRK1
      • PARK1F
      • PANRK1F
      • PA19
      • A1630
      • PADC
  • Fiduciary Package:
    • The following forms are now available for Print:
      • PA REV-238
      • PA REV-857
      • PA REV-860
      • PA REV-861
      • PA REV-934
      • PA REV-986
      • PA REV-1175
      • PA Schedule C-2
  • S Corporation and Partnership Packages:
    • The following forms are now available for Print:
      • PA-20S/PA-65 Directory
      • PA Schedule D
      • PA Schedule M
      • PA Schedule NRK-1
      • PA Schedule OC
      • PA Schedule RK-1
    • The following documents have been updated to the latest version:
      • PA Schedule OC
      • Pennsylvania RK-1 line 9 or NRK-1 line 7
      • Worksheet (PAK1OC)
    • The amount on line 12, "Section 179 expense deduction," of federal Form 4562 now flows as intended to line d, "IRC Section 179 expense," Section VI, of PA Schedule M.
  • Corporation and S Corporation Packages:
    • The intended due date is now displayed on the filing instructions and Client Results Letter.
    • The intended due date is now displayed on the filing instructions and Client Results Letter.
  • S Corporation Package:
    • "Nonresident tax withheld" entered on PA screen NRK1 now flows to line 6 of PA Schedule NRK-1 (Form PA-20S/PA-65) as intended.
    • The intended extended due date for PA Form REV-853 is now displayed on the filing instructions and the Client Results letter.
  • Corporation Package:
    • The intended extended due date for PA Form REV-853 is now displayed on the filing instructions and the Client Results letter.
  • Individual, S Corporation, Partnership, and Fiduciary Packages:
    • The amount on line 12, "Philadelphia apportionment factor," of Worksheet NR-3 (PA WRK NR3) now flows as intended to line 5, "Philadelphia apportionment factor," Worksheet B, on Worksheets A, B, and C (PA PHWKA (NPT 1)).

South Carolina Update 5

  • Fiduciary Package
    • An update prevents reject "DRKPARSE" on element "BeneficiaryInfo."

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