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18439: 2024.02.22 - Drake23 Updates


Drake Tax Update Notes

2024.02.22 - Drake23 Updates

 

General Program Update 4

  • General Program Update

Iowa Update 17

  • S Corporation and Partnership Packages:
    • The check box "From other PTEs on K-1s" has been added to IA screens NCR and RCR. Unless this check box is marked, IA credits on Schedule B of Forms IA 1120S and IA 1065 default to being earned by the entity.
    • IA PTE-C returns have been approved for e-file.
  • Fiduciary Package:
    • The calculation for line 24 on Form IA 1041, page 4, is now printed. No calculations were affected.
  • S Corporation Package:
    • IA S corporation returns have been approved for e-file.

Michigan Update 14

  • Individual Package:
    • Qualified retirement income received because of a deceased spouse that have a "Pension type" of "4" on screen 1099 will now be included on MI Form 4884 in all cases.
  • Cities Individual Package:
    • Banners have been removed from all MI Battle Creek and Hudson forms.

Montana Update 7

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "PassThroughEntityWithholding" when an amount is present for the spouse and not the taxpayer on line 4, "Pass-through entity tax from Montana Schedules K-1," of MT Form 2, page 11, Other Payments and Refundable Credits Schedule.

New Jersey Update 7

  • Individual Package:
    • Text regarding unclaimed and special exclusions has been added on Worksheet D Other Retirement Income Exclusion (NJ WK_D).
    • The amounts on Worksheet E Other Retirement Income Exclusion - Part-Year Residents (NJ WK_E) are now calculated as intended.
    • Amounts entered on federal screen 1099 with "M - Military" selected from the "Pension type" drop list no longer flow to page 3 of Form NJ-1040.
    • The amounts produced on NJ Worksheet G are now calculated as intended for Married Filing Separately returns.
  • Partnership Package:
    • "Schedule J is obsolete for 2023. Use the NRA screen instead" text has been added to NJ screen J.

Ohio Update 20

  • Individual Package:
    • Blank estimated payment vouchers are now produced for OH SD 100 returns when either of the following is entered on federal screen ES:
      • An "ES code" of "P" - An "Overpayment" override of "0" (zero),
      • Ohio Universal Payment Coupons (OUPCs) are no longer produced for OH SD 100 returns when making electronic payments.
    • An update prevents reject "OH-PIT-027" regarding OH Form SD 100.
    • An update prevents reject "DRKPARSE" on element "ResidenceAddress" regarding Columbus Form IR-25.

General Program Update 21

  • General program updates.

Pennsylvania Update 10

  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • The following Philadelphia forms have been approved the printing, and the banners have been removed:
      • PA BIR NTL
      • PA BIRT and NPT Returns Worksheet N (PAPHWKN)
      • PA BIRT Schedule A
      • PA BIRT Schedule B
      • PA BIRT Schedule C-1
      • PA BIRT Schedule D
      • PA BIRT Schedule E
      • PA BIRT Schedule SC
      • PA PH BIRT-EZ
      • PA PHL BIRT
      • PA PHL NPT
      • PA PHL-40 PA PHSID

Washington Update 6

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

Wisconsin Update 6

  • Individual Package:
    • The intended status is now displayed on the "EF Status" column of the Calculation Results window for WI Schedule I.
    • An update prevents reject "DRKPARSE" on element "WisconsinDepreciation."
    • The electronic funds withdrawal due date now defaults to April 15, 2024, when no date is entered on federal screen PMT.
    • The intended amount is now produced on line 40, "Medical care insurance," of WI Schedule M when WI Form 1PR is present in the return.
  • Partnership Package:
    • The intended section 754 depreciation is now produced on line 13, "Other deductions," of WI Schedule 3K-1.
  • S Corporation Package:
    • Print alignment has been adjusted on line 3, "Enter 2022 net tax plus...,," of WI Form U.
  • Individual, Corporation, and Fiduciary Packages:
    • The year "2013" has been added to WI screen CF.

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