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18447: 2024.02.27 - Drake23 Updates


Drake Tax Update Notes

2024.02.27 - Drake23 Updates

 

Arizona Update 8

  • Corporate, S-Corporation, and Partnership Packages:
    • AZ e-file specifications have been updated per the AZ DOR, preventing reject "501."

Connecticut Update 6

  • Individual Package:
    • The CT Individual extensions are now available for e-file.
  • Individual, S Corporation, Partnership, Corporation and Fiduciary Packages
    • The address to pay Connecticut Taxes online has been updated to the correct address.

Delaware Update 4

  • S Corporation Package:
    • "Amended return" is no longer marked on DE Form SCT-RTN when "Change of address" is selected on federal screen 1.
  • Partnership Package:
    • An update resolves reject "DRKPARSE" on elements "FormPRT-RTN'" and "ReturnDataState."
  • Fiduciary Package:
    • DE fiduciary returns have been approved and can now be e-filed.

1041 Program Update 17

  • An update prevents reject "DRKPARSE" on element "InterestDispositionDetail" when "0" (zero) is entered for "Adjustments to gain or loss" on screen 8960 > "Statement" link.

1040 Program Update 23

  • An update prevents reject "DRKPARSE" on element "InterestDispositionDetail" when "0" (zero) is entered for "Adjustments to gain or loss" on screen 8960 > "Statement" link.
  • An EF Message is now produced when line 20, "Loan balance at the end of the corporations' tax year," of Form 7203 is negative, preventing reject "DRKPARSE" on element "TotloanBalanceEndTaxYrAmt."
  • An update prevents reject "DRKPARSE" on attribute "documentId" regarding the Paycheck Protection Program (PPP) loan forgiveness statement.

Kentucky Update 9

  • Individual, Corporation, S Corporation, and Partnership Packages:
    • An update prevents OL-3 reject "I3_053" Affected returns that include screen OL3 should be recalculated and retransmitted.
  • Individual Package:
    • An update now prevents KY reject "F740-0085." Returns that include the same amount on line 31g, "Enter 2023 refundable pass-through entity tax credit," on KY Form 740 and line 9 of KY Form PTET-CR should be recalculated and retransmitted.
  • Individual, Corporation, S Corporation, and Partnership Packages:
    • KY Form OL-3EXT can now be e-filed without federal Form 7004.

Maine Update 11

  • Individual Package:
    • When Schedule NRH is present in the tax return, and a reduced itemized deduction is being taken, the "Itemized" check box on line 17 of Form 1040ME now works as expected, preventing reject "ME1040-026."

Mississippi Update 5

  • Individual Package:
    • An update prevents reject "XMS00-024." - MS EF Message 32 text has been updated.
    • MS Form MS80-106V is now produced when expected.
    • Check box "Force Print MS 80-160" has been added to MS screen OSTC.
  • Partnership Package:
    • An update prevents reject "DRKPARSE" on element "FederalSpecDeprecAllow."
  • S Corporation Package:
    • "FEIN" is now marked when intended on MS Form 83-180.

1065 Program Update 18

  • An update prevents reject "DRKPARSE" on element "TransfereeGrp" when filing Form 8308.
  • 2024 estimated taxes entered on screen ES with a "Type" of "NP - NC - North Carolina Pass-Through Entity Tax" now automatically flow to the following locations:
  • The "PTE taxes" line of the Taxes and Licenses Attachment ("Wks Tax/Lic" in View/Print mode)
  • The "Taxes and licenses" line of Form 1065

Ohio Update 21

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "AddressLine1Txt" regarding OH Form IR-25.
    • An update prevents reject "DRKPARSE" on element "PrimDrvrLcnsOrStateIssdIdGrp" regarding OH Form IR-25.
    • An update prevents reject "DRKPARSE" on element "PrimDrvrLcnsOrStateIssdIdGrp" regarding OH Form SD 100.
    • Current-year ratios have been updated on line 6, Part II, of OH Form IT/SD 2210.
    • Credit amounts have been updated on OH screen Nonchartered, Nonpublic School Tuition Credit Questionnaire (OH screen 3 > line 16 "Questionnaire" link).
    • OH Universal Payment Coupons (UPCs) are no longer produced for SD 100 returns with refunds.
  • S Corporation Package:
    • Beginning- and end-of-year "Ownership of Capital" override fields have been added to OH screen K1. Data entered in these fields flows to the "Ownership %" section of OH Form IT K-1.
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • The credit limit for the city of Perrysburg has been updated to 1.5%.
  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • Unused NOLs are now included in the current-year "Prior/Current Year Loss" calculation on the Ohio City Net Operating Loss Carryforward Worksheet ("OH CITNOL" in View/Print mode) for RITA returns.

Oregon Update 10

  • Individual Package:
    • An update prevents Portland reject "MTE_22METBE." Preparers should recalculate and retransmit affected returns.
    • The "TSJ" drop list has been added to OR screen SP.
  • Corporation and S Corporation Packages:
    • Banners were removed from approved OR forms.
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • "Suppress printing of this form" check box on OR screen SP now functions as intended.

General Program Update 23

  • Hyperlinks have been added to EF > Search EF Database to assist with usage.

1120S Program Update 20

  • 2024 estimated taxes entered on screen ES with a "Type" of "NP - NC - North Carolina Pass-Through Entity Tax" now automatically flow to the following locations:
  • The "PTE taxes" line of the Taxes and Licenses Attachment ("Wks Tax/Lic" in View/Print mode)
  • The "Taxes and licenses" line of Form 1120-S - "Other Deductions," entered in the Trial Balance Import spreadsheet, now flow to the "Other Deductions," line of screen DED, as expected.

Utah Update 5

  • Individual Package:
    • Credit code "41" from tax year 2022 is no longer produced on part 5 of Form TC-40A.
  • Fiduciary Package:
    • Override amounts entered on line 43, "Pass-Through Entity Withholding" of UT screen 2 now flow as intended to line 14, "Utah refundable credits," on UT Form TC-41K.

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