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18416: 2024.02.07 - Drake23 Updates


Drake Tax Update Notes

2024.02.07 - Drake23 Updates

 

General State Programming Update 9

  • Individual Package:
    • The "School District Code" drop list has been updated on ND screen ND1, preventing reject "DRKPARSE" on element "SchoolDistrict."

Federal Program Update 12

  • General program update.

District of Columbia Update 4

  • Individual Package:
    • An update prevents reject "DCD40-0002" regarding DC Form FR-147.

706 Program Update 4

  • General program update.

1041 Program Update 11

  • General program update.

1040 Program Update 16

  • Spanish translations for Schedule C business codes have been added to screen C.
  • The watermark has been removed from the Worksheets for Self-Employed Rate and Deduction (WK_SEP). Affected returns can now be filed.
  • Schedule A (Form 8992) is now available for e-file, and EF Message 2099 is longer produced.
  • An anticipated disbursement of "1000.00" is now displayed for "Refund Advance" on the Pathward_INFO page for qualifying taxpayers.
  • Standard deduction amounts used in calculating the taxable portion of an income tax refund for a 2022 state return have been updated. Previously filed returns containing a taxable state refund that was calculated on the 2022 State and Local Income Tax Refund Worksheet should be reviewed.

Iowa Update 9

  • Individual Package:
    • EF Message 0020 is now produced when an invalid PTIN has been entered on IA screen 5.
    • EF Message 0003 is now produced when the spouse's income is not present on Form IA 1040 for Married Filing Separate returns, preventing reject "DRKPARSE" on element "IA1040."
    • "Spouse Information" has been added to IA screen 1.
    • EF Message 0020 is now produced when an invalid PTIN has been entered on IA screen 5.
    • EF Message 0003 is now produced when the spouse's income is not present on Form IA 1040 for Married Filing Separate returns, preventing reject "DRKPARSE" on element "IA1040."
    • "Spouse Information" has been added to IA screen 1.
    • EF Message 0020 is now produced when an invalid PTIN has been entered on IA screen 5.
    • An update prevents reject "DRKPARSE" on element "EmailAddressTxt."
    • The watermark has been removed from Forms IA 163 and IA 138.
    • EF Message 0007 is now produced when IA 44562B is present in the return, but IA 4562A is missing.
    • EF Message 2022 is now produced when "PY - Part Year" is selected from the "Resident state" drop list on federal screen 1 but the part year dates have not been entered on IA screen 126.
    • EF Message 2022 is now produced when "PY - Part Year" is selected from the "Resident state" drop list on federal screen 1 but the part year dates have not been entered on IA screen 126, preventing reject "DRKPARSE" on element "FormIA45628."
    • Screen text has been updated on IA screen LN11.

Illinois Update 6

  • Individual Package:
    • Error message now generates when IL Schedule EIC Step 3, Line 2 has a negative amount to prevent reject ILEIC-1870-1
    • EF Message 0651 is now produced when the amount for line 1, "Wages, salaries, tips, etc." in Column B is greater than the amount in Column A, preventing reject "ILCR-300-1."
    • An update resolves rounding issues associated with IL Schedule ICR, preventing reject "ILICR-700-1."
    • Data entered on IL screen NR now flows as intended to Step 1 of IL Schedule NR, preventing reject "ILNR-2200-1."
    • The amount in column A on line 32, "Student loan interest deduction," of IL Schedule NR now matches column B, preventing reject "ILNR-8900-1."
    • The amount in column A on line 24, "Health savings account deduction," of IL Schedule NR now matches column B, preventing reject "ILNR-7200-1."
    • IL Schedule EIC Page 2 now generates when IL Schedule EIC, Step 4, Line 9 equals zero and Step 4, Line 5 is checked to prevent reject ILEIC-1910-1
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • EF Messages 1035 and 1036 are now produced when the "Requested payment date" entered on federal screen PMT is prior to the current date, preventing reject "IL-Financial-1400-2."
  • Partnership Package:
    • IL Schedule K-1-P(4) has been approved for filing.
    • The intended amounts are now produced on line 52, "Illinois Income Tax Credits," page 2, of IL Schedule K-1-P.
  • S Corporation Package:
    • Dividend amounts entered on line 25, "Dividends received...," of IL screen M > "IL Sch M Subtractions pg 2" tab is now included in the calculation on line E of IL Schedule B, preventing reject "IL1120B-310-4."
  • Corporation, S Corporation, and Partnership Packages:
    • Negative amounts are no longer allowed on line 52, "Enter your Illinois net pass-through entity income," page 4 of Form IL-2220, preventing reject "DRKPARSE" on element "PeriodNetIncTax."
  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • "0" (zero) is now produced when applicable on lines 2a, "Enter the carry year...," and 2d, "Add lines 2a through 2c," of IL Schedule NLD, resolving reject "IL1120NLD-700-2."

Louisiana Update 3

  • Dependents that turn the age of 13 during tax year are now produced on Louisiana Refundable Child Credit Worksheet (LA CC Wksht).

1065 Program Update 11

  • Schedule A (Form 8992) is now available for e-file, and EF Message 2099 is no longer produced.
  • "VARIOUS" is no longer allowed on line 10a of screen B, preventing reject "DRKPARSE" on element "Section754ElectionDt."

Nebraska Update 3

  • S Corporation and Partnership Packages:
    • The intended percentages are now produced in column C, "Percent of Income," on NE Schedule PTET.
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • EF Message 0290 is now produced when the "Parcel ID Number" on NE screen PTC is less than 10 digits when "47" is selected from the "County Number" drop list.

Ohio Update 15

  • Individual Package:
    • EF Message 0197 has been added to the program, preventing reject "OH-PIT-016" regarding OH Form SD 100.
    • EF Message 0098 has been added to the program, preventing reject "OH-PIT-068" regarding OH Form SD 100.
    • EF Message 0084 has been added to the program, preventing reject "OH-PIT-036" regarding OH Form SD 100.
    • EF Message 0072 has been added to the program, preventing reject "OH-PIT-013" regarding OH Form SD 100.
    • OH Form SD 100 has been updated to the latest version.
    • An update prevents reject "DRKPARSE" on element "OhioApportionedIncome."
    • An update prevents reject "DRKPARSE" on element "SchYPropertyPct" regarding OH Form IR-25.

General Program Update 16

  • An update resolves an issue regarding the Tools > Client Communications > Letters > Estimates functionality.

Pennsylvania Update 4

  • Individual Package:
    • The "Section 179 expense" limit has been updated on line 16b of PA Schedule F.
  • Fiduciary Package:
    • The following forms have been approved for e-file:
      • Form PA-41
      • Form REV-276
      • Schedule PA-41X
  • Corporation and S Corporation Packages:
    • The intended payment and extension due dates are now produced on applicable filing instructions and Client Results letters.

1120 Program Update 12

  • Form 5472 has been approved for e-file, and the watermark has been removed.
  • Schedule A (Form 8992) is now available for e-file, and EF Message 2099 is no longer produced.

1120S Program Update 13

  • Schedule A (Form 8992) is now available for e-file, and EF Message 2099 is no longer produced.

990 Program Update 11

  • Schedule A (Form 8992) is now available for e-file, and EF Message 2099 is no longer produced.

Vermont Update 4

  • Individual Package:
    • The Household Income Percentage (HIP) rates have been updated on the 2024 Property Tax Adjustment Worksheet (VT WK_PTA).
    • The VT standard deduction with an additional exemption for being over 65 or blind have been updated for tax year 2023.

West Virginia Update 2

  • S Corporation and Partnership Packages:
    • The tax rates on WV Form PTE-100 have been updated for tax year 2023.
    • The S Corporation and Partnership Packages have been approved and are now available for e-file.
  • Fiduciary Package:
    • The WV Fiduciary package has been approved and is now available for e-file.
  • Individual Package:
    • The income limitations are now calculating as intended on the Senior Citizen Tax Credit Worksheet (WV-SCTC).

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