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18434: 2024.02.20 - Drake23 Updates


Drake Tax Update Notes

2024.02.20 - Drake23 Updates

 

Georgia Update 7

  • Partnership Package:
    • EF Message 0080 is now produced when "Partnership elects to pay the tax at the entity level" is selected on GA screen 1 and the return contains zero gross receipts, preventing reject "GAR0000-049" on Schedule 7 of GA Form 700.
  • Corporation, S Corporation, and Partnership Packages:
    • EF Message 0081 is now produced when "102" is selected from the "Code" drop list on GA screen 6, preventing reject "GAF0102-001."

Illinois Update 10

  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • An update prevents reject "DRKPARSE" on element "Investment Partnership."
    • An update prevents reject "DRKPARSE" on element "Investment Partnership."

Massachusetts Update 12

  • Individual Package:
    • Line 23, "MA losses for Carryover," of MS screen D is now completed automatically, as expected.
    • The "Suppress this record from printing a Sch E-3" check box on MA screen E3 now works, as expected.
    • An update prevents MA reject "F1-1515."
  • Partnership Package:
    • An optional check box to suppress the Form M-8453-P signature date has been added to MA screen PRNT.
  • Corporation Package:
    • Line 9, "Section 168(k) "bonus" depreciation adjustment," of MA Schedule E is now being calculated properly for Business/Manufacturing Corporation Excise Returns.

Nebraska Update 5

  • Fiduciary Package:
    • The Nebraska Tax Rate Schedule has been updated.
  • S Corporation and Partnership Packages:
    • Shareholder information is now produced on NE Schedule PTET when the "Percent of ownership" is "0" (zero).
    • The intended "Percent of Ownership" percentages are now produced on NE Schedule PTET.
  • Individual, Corporation, S Corporation, Partnership and Fiduciary Packages:
    • NE Forms 3800N and Nebraska 3800N Overflow Attachment have been updated.

New York Update 11

  • Individual Package:
    • A pop-up message on NY screen 255, Solar Energy System Equipment Credit, warning that data required for e-file is missing, is no longer generated.
    • An EF Message indicating missing data on screen 255 no longer prevents a return from being e-filed when Form IT-255 is present.
  • Fiduciary Package:
    • The following forms are now available for e-file:
      • NYC202EIN
      • NYC-5UBTI
      • NYC-EXT
  • Partnership Package:
    • e-File has been activated for the NYC Partnership package.

Ohio Update 19

  • Individual Package:
    • Automatic estimated payment amounts are now produced on OH Form SD100 when data is present on federal screen ES.
    • Amended Form OH SD 100 can now be e-filed after the original SD 100 has been filed and accepted.
    • An update prevents reject "COCT-018" when filing OH Form IR-25.
    • An update prevents reject "DRKPARSE" on element "DCreditPartTrust."
    • An update prevents reject "DRKPARSE" on element "NoUBADisbursementCdSubmit."
    • "JACKCAN - Jackson Canton JEDD" localities have been added to the Ohio cities drop list.
    • The "mail to" address and estimated payment dates now print as expected on the Client Results Letter.
    • An update prevents Ohio School District reject "OH-PIT-054."
    • The city of Nelsonville's credit rates have been updated.
    • "City of Dayton" has been updated.
  • S Corporation and Partnership Packages:
    • An update prevents reject "OH-IT4738-007."
  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • An update prevents reject "DRKPARSE" on element "GrossAnnualRentals."

Oklahoma Update 7

  • Individual Package:
    • EF Message 0141 is now be produced when an invalid dependent's SSN or ITIN is entered on federal screen 2, preventing reject "DRKPARSE" on element "DepSSN."
    • An update resolves reject "DRKPARSE" on element "RealEstateDescription."
    • An update resolves reject "R0000-013."

South Carolina Update  8

  • Individual and Fiduciary Packages:
    • The second quarter payment entered on federal screen ES now flows as intended to line 10, "Estimated Tax paid and tax withheld," on Form SC2210.

Virginia Update  8

  • Individual Package:
    • Mortgage Insurance Premiums have been removed from line 8 of VA Schedule A.
    • The following school codes have been removed from the "School or Library Foundation Codes" drop list on VA screen VAC2 per the latest VA guidelines:
      • 036001
      • 203301
      • 550001
    • VA Form 760 is now produced when "Use worksheet for accrued market adjustment" is selected on federal screen 8949.

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