2024.02.23 - Drake23 Updates
Federal Program Update 18
1041 Program Update 16
- Page 2 of Schedule H is now produced when lines A and B are "No" and
line C is "Yes."
- An update prevents reject "DRKPARSE" on element "OtherFrgnTaxAdjustmentsGrp"
regarding Schedule B of Form 1116.
Georgia Update 8
- Corporation Package:
- The intended amount is now calculated on line 6, "Georgia Net
Operating Loss deduction," of GA Form 600.
- GA Form 600 has been approved and is available for e-file.
1040 Program Update 22
- The "No" check boxes on page 2 of Form 5695 are now marked only when
"No" is selected for the corresponding question on screen 5695 > "Part II"
tab. No calculations have been affected.
- Code "OH - Ohio (includes SD100, if eligible)" has been removed from
the following locations:
- The "Filing Method Override for Letters and Filing Instructions"
section of screen COMM
- The "State e-File Override" section of screen EF
- Page 2 of Schedule H is now produced when lines A and B are "No" and
line C is "Yes."
- An update prevents reject "DRKPARSE" on element "OtherFrgnTaxAdjustmentsGrp"
regarding Schedule B of Form 1116.
- A blank Form 7207 is no longer produced when updating certain returns
from Drake Tax 2022 to 2023.
Iowa Update 18
- Partnership Package:
- Form IA 1065 has been approved for e-file.
Illinois Update 12
-
Individual Package:
- An update prevents reject "DRKPARSE" on element
"TotSEAmountLessDeduction."
- EF Message 0652 is now produced when line 2, "Taxable interest,"
column B, of IL Schedule CR is greater than line 2, column A.
- S Corporation Package
- EF Message 0345 is now produced when an amount is present on
line 13 of Form IL-2220 and there is no Form W-2G or Schedule K-1
information in the return.
Kentucky Update 8
- S Corporation and Partnership Packages:
- "Form 740NP-WH" and "All Forms PTE-WH" have been added under the
"Forms to Suppress" section on KY screen PRNT.
- Individual Package:
- More than one KY Form Ol-3 present in a return can now be e-filed.
- The program no longer closes unexpectedly when calculating certain
returns in the Individual package.
- KY Form OL-3 is now displayed on the Client Results Letter when
KY Form 725 is present in the return.
Louisiana Update 5
- Partnership Package:
- The intended amount and description of "Section 754
Depreciation/Amortization" is now produced on Schedule C of LA
Form IT-565-2D. Prior to this update, the amount was doubled.
-
Individual Package:
- LA Form IT-540B-2D has been approved for printing.
Maryland Update 9
-
S Corporation and Partnership Packages:
- Data from the federal ES screen now flows to line 21 of MD Form 510.
- Individual, Corporation, S Corporation, and Partnership Packages:
-
MD Form 1, Form 2, and Personal Property Returns have been approved
for printing and paper-filing.
- Corporation Package
- A check box was added to MD screen 1, (General Information), for
indicating a corporation's first filing.
- Individual, Corporation, S Corporation, and Partnership Packages:
- Form EL101B has been updated to allow electronic signatures.
- Individual Package:
-
The limit taxpayers can claim on line u, "Military Retirement Income,"
of Form 505SU has been updated to $20,000 if the taxpayer is older
than 55 at the end of the tax year.
- MD Earned Income Credit is now calculated using the federal EIC but
disregarding the minimum age requirement when the check box is
marked on MD screen 1.
1065 Program Update 17
Nebraska Update 6
- Individual Package:
- The override field on line 28, "Social Security included in Federal
AGI," of NE screen SCH1 now functions properly.
- Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
- The Form 3800, Worksheet RD, Research Tax Credit Worksheet Attachment
has been updated to the latest version.
New Mexico Update 8
- Partnership Package:
- PTE returns are approved and eligible for e-file.
New York Update 13
- S Corporation Packages:
- EF 0710 is now produced when an amount is entered on a line for
unsupported credit forms on NY screen SH4 or SH5.
- Individual Package:
-
EF Message 323 is no longer produced when NY Estimated Tax Worksheet
- Form IT-2105 (NYES_WK) is present in the return.
-
EF Message 323 is no longer produced when NY Form IT-267 is present
in the return.
Oklahoma Update 8
- Individual Package:
- EF Messages for page 2 of Form 561 are now generated only when
page 2 is printed.
- An update resolves reject "DRKPARSE" on element "Secondary."
Oregon Update 9
-
Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
- Only one of the following check boxes can now be selected on OR screen CAT:
- Withdrawn"
- "Dissolved"
- "Merged or reorganized"
- An EF Message is now produced when a code is selected on OR screen EXC
but no amount is entered.
- Individual Package:
- e-Sign functionality has been added for Form OR-EF.
- The address override fields on OR screen SP now function properly.
- An EF Message has been added to the program, preventing OR superseded
returns from being e-filed. Corrected OR returns must be sent as
amended returns.
General Program Update 22
- The keywords "City Income Tax Amended Zero Due Paragraph" and "City
Other Tax Amended Zero Due Paragraph" now function properly for Client
Results letters for paper-filed amended returns.
1120 Program Update 18
Rhode Island Update 6
- Individual Package:
- An update prevents reject "DRKPARSE" on element "AmPropTax" on
Part 3 of Form RI-1040H. Preparers should recalculate and retransmit
affected returns.
-
Corporation, S Corporation, and Partnership Package:
- The intended due date for RI PTET returns is now produced on the
RI Results Letter.
- Individual Package:
- Pension amounts entered on federal screen 1099 with "M - military"
selected from the "Pension type" drop list are no longer included
in the calculation on line T, "Modifications for taxable Retirement
income ...," of R Schedule M.
- The "city of legal residence" selected on RI screen 40 now flows as
intended to the "City or town of legal residence" box on Form RI-1040.
1120S Program Update 19
South Carolina Update 9
- Individual Package:
- An update prevents reject "DRKPARSE" on element "Spouse" when
amounts are entered on SC screen 2 with "S - Spouse" is selected
from the TSJ box on Married Filing Separately returns.
- Form SC2210 has been approved for filing by the SC DOR.
- An update prevents reject "DRKPARSE" on element 'OtherNonRefundableCredits.'
Negative amounts are no longer allowed in the "Non-refundable credits"
section on Form SC1040.
- S Corporation and Partnership Packages
- An update prevents reject "DRKPARSE" on element "TotalActiveTradeOrBusIncome."
Negative amounts are no longer allowed on lines 14-17 of SC Form I-435.
990 Program Update 17
Texas Update 3
- Individual, Corporation, S Corporation, Partnership, Fiduciary,
and Tax Exempt Packages:
- An update resolves reject "DRKPARSE" on element "Country."
- Text regarding EFT or non-EFT filer extension determination
has been added to TX screen EXT.
- The watermark has been removed from TX Form TX01-137, and is
now approved for printing.
- Texas Franchise Tax Computation Report (TX05169) is now
produced when intended.
Virginia Update 9
-
S Corporation and Partnership Packages:
- The VA filing instructions and client result letter now include the
message that the VA return reflects neither a refund nor a balance due
when appropriate.
- The VA filing instructions no longer include the message, "A complete
copy of the federal return will be e-filed along with Virginia."
On a scale of 1-5, please rate the helpfulness of this article
Optionally provide private feedback to help us improve this article...
Thank you for your feedback!