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18421: 2024.02.09 - Drake23 Updates


Drake Tax Update Notes

2024.02.09 - Drake23 Updates

 

Federal Program Update 14

  • An update prevents reject "F8283-033-01."
  • An update resolves reject "DRKPARSE" on element "IRS3800."

California Update 6

  • Individual Package:
    • CA Form 540-ES has been approved and activated for printing.
  • S Corporation and Partnership Packages:
    • e-File business rules have been updated per recent CA guidelines.

Connecticut Update 4

  • Partnership and S Corporation Packages
    • Form CT-1065/CT-1120SI, Connecticut Pass-Through Entity Tax Return, E-filing has been enabled.
    • Form CT-1065/ct-1120SI, Connecticut Pass-Through Entity Tax Return, will no longer get a false error message preventing e-file.

Georgia Update 6

  • S Corporation and Partnership Packages:
    • GA Forms 600S and 700 have been approved and are available for e-file.

1040 Program Update 18

  • Page 2 of Form W-4 is no longer printed when blank.
  • An update prevents reject "DRKPARSE" on element "RateRedRequirementsMeteInd" regarding Form 5329.

Iowa Update 11

  • Individual Package:
    • EF Message 0020 text has been updated.
    • An update prevents reject "DRKPARSE" on element "TotalAmountDue" when there is a balance due of "0" (zero).
    • An update prevents reject "DRKPARSE" on element "LastName" when a special character is entered in the "Last name" field on federal screen 2.
    • The intended amount is now produced on line 7," IRS/Pension/Railroad Retirement Income," page 4, of Form IA 1040 when the spouse of the taxpayer is over the age of 55 years old.
    • The third party designee selected on Setup > Options > "Optional Items on Return" tab now flows as intended to page 5 of Form IA 1040, and EF Message 0104 is no longer produced.

Illinois Update 8

  • Individual Package
    • EF message 0035 has been added to prevent reject ILNR-1400-01
    • An update prevents reject ILEIC-1830-4 - IL EITC will now generate for qualifying taxpayers over 65 per the IL DoR.

Kentucky Update 5

  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • Filing instructions for Louisville OL-3 returns have been updated.
  • S Corporation and Partnership Packages:
    • Line 9, "IRC § 179 expense deduction," of KY Schedule K-1 (Form PTE) is now factored into the calculation of line 2, "Net distributive share income before apportionment," of KY Form 740-PTET.
  • Individual Package:
    • The intended payment method is now displayed on the EF Selection Report.
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • An update prevents reject "DRKPARSE" on element "AccountID."

Massachusetts Update 9

  • Individual Package:
    • An update prevents MA reject "F1-1515."
    • Massachusetts AGI Worksheet (MA WK_AGI) and Schedule NTS-L-NR (WK_NTS) have been updated.

Maine Update 9

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "Secondary" when the spouse is a nonresident alien.
    • An update prevents reject "DRKPARSE" on element "efile:EmailAddress."
    • An update prevents reject "DRKPARSE" on element "TotIncome" when ME Schedule PTFC is e-filed without the federal return.

Michigan Common Cities Update 10

  • A 1040PV payment voucher for balance due returns not paying by direct debit will now be generated for the city of Lapeer.

Missouri Update 6

  • Individual, Corporation, S Corporations, Partnership, and Fiduciary Packages:
    • The following MO forms have been approved for printing:
      • 5802
      • 8826
      • MO-1065
      • MO-3NR
      • MO-ATC
      • MO-CFC
      • MO-NRF
      • MO-PTEAP
      • MO-PTEV
      • MO-SCC
  • Individual and Fiduciary Packages:
    • The following forms have been approved for printing:
      • MO-1040
      • MO-1040A
      • MO-1041V
      • MO-PTC
  • Individual Package:
    • 2D barcodes have been updated and approved for the following forms:
      • MO-1040
      • MO-1040A
      • MO-PTC

Montana Update 4

  • Fiduciary Package:
    • MT Form FID-3 has been approved and activated for e-file.

1065 Program Update 13

  • "HI - Hawaii" has been added to the "State/city selection" drop list on screen PMT.
  • "NP - NC - North Carolina Pass-through Entity Tax" has been added to the state "Type" drop list on screen ES.

New York Update 7

  • S Corporation Package:
    • The following forms have been approved for e-file:
      • NYC-3L
      • NYC-4S
      • NYC-4SEZ
      • NYC-EXT
  • Fiduciary Package:
    • The following forms have been approved for e-file:
      • IT-205
      • IT-370-PF
      • IT-2106
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • A PDF attachment is now required when claiming the NYC Biotechnology Credit on any of the following forms:
      • NYC-2
      • NYC-3L
      • NYC-202
      • NYC-202EIN
      • NYC-204

Ohio Update 16

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "Secondary" when filing OH RITA Form 37.
    • EF Message 0032 is now produced when either the "ST" code or "Locality" code is missing on federal screen W2, preventing reject "OH-PIT-034."
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • The tax rate for the city of Sommerset has been updated.
    • The tax rate for the city of Mantua has been updated.

Oregon Update 7

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "NumberOfMonths" when "0" (zero) is selected from the "Months in home" drop list on federal screen 2.
    • The amount on line 29, "Income after subtractions...," Part IV, page 2, of OR Form MC-40-NP now flows as intended to line 1, "Multnomah County taxable income," on OR Form MC-40-NP.
    • The Oregon 529 limits have been updated to $340 for Married Filing Jointly returns and $170 for all other filing types.
    • An update prevents an OR reject when the total amount of credits and refunds were greater than the overpayment amount.
    • "Initial Return" check box has been added to OR screen MC40.
    • The amount entered on line 320, "Mortgage interest credit," on OR screen SUB2 now flows as intended to Or Form ASC.
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • OR forms have been updated to the latest version.

1120 Program Update 14

  • Form 2220 is now available for filing, and the watermark has been removed.

1120S Program Update 15

  • "NP - NC - North Carolina Pass-through Entity Tax" has been added to the state "Type" drop list on screen ES.
  • Form 2220 is now available for filing, and the watermark has been removed.

990 Program Update 13

  • General program update.

Virginia Update 5

  • Individual Package
    • EF messages have been added to prevent reject "DRKPARSE" on element "AmendedReasonCode."

Wisconsin Update 4

  • Individual Package:
    • WI Return Note 84 text has been updated.
    • An update prevents reject "DRKPARSE" on element "SchAR" when data is not present in the "Explanation of changes" on WI screen X.
    • Amounts are no longer produced on line "Deductions" in the 2023 column for Three-year State Tax Return Comparison (WI-COMP).
  • Partnership Package:
    • The amount entered on line 1-b, "Portion of the amount on line 10a attributable," of WI screen K1 now flows as intended to line 10b of WI Schedule 3K-1.
  • Fiduciary Package:
    • The intended amount is now produced on line 37, "Fill your tax on the amount on line 36," of WI Schedule U when there is not an amount on line 36.
  • Individual, Corporation, and Fiduciary Packages:
    • The intended amount is now calculated on line 10 of WI Schedule FC-A.

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