18454: 2024.02.28 - Drake23 Updates

Alabama Update 7

• S Corporation Package:
  • An update prevents reject "SL-AL20S-001" when an amount is not produced on line 2b, "Less allowance for bad debts," column B, Page 5, of AL Form 20S.
• Individual Package:
  • Print alignment has been adjusted for AL Form 40V and the filing instructions.
  • The watermark has been removed from the Partially Taxable Pensions, Annuities, and IRA Distributions Worksheet (ALPENSWK).
  • EF Message 0093 is now produced when a distribution code has not been selected on federal screen 1099, preventing reject "DRKPARSE" on element "RetireExempt."
  • An update prevents reject "AL40-443" when "0" (zero) is entered on line 2, "Portion of AL adjusted gross income...," of AL screen CR.
• S Corporation Package:
  • EF Message 0157 is no longer produced when data is present on federal screen AUTO.

Arkansas Update 5

• Individual Package:
  • EF Message 0134 will now generate when "Nonresident Alien" is marked on the Federal Demographics screen, when the filing status is "Head of Household".
  • An update prevents reject "DRKPARSE" on element "Other, AddToIncomeTotal".
  • The tax exempt interest/dividends will now print as expected on the AR4 form.

Federal Program Update 19

• Returns with Form 3468-related carryforwards can now be filed. A Return Note is now produced to remind preparers to review the data flow to the revised Form 3800 (for 2023) for certain 3468-related credits entered on screen GBC.

1041 Program Update 18

• General program update.

Hawaii Update 3

• Individual, S Corporation, Partnership, and Fiduciary Packages:
  • The following HI forms have been approved and are now available for e-file.
    • N-20
    • N-35
    • N-40
    • N-362
  • Schedule PTE - Schedule PTE-U - Watermarks have been removed for the following HI schedules:
  • Schedule K-1 Form N-20 - Schedule K-1 Form N-35

1040 Program Update 24

• Year '2023' has been added to drop-down boxes in Section D, Screen 1403, Identity Theft Affidavit.

Minnesota Update 13

• Individual Package:
  • The intended amount is now calculated on line 1, "Renter's share of rent paid," of MN Form CRP when "Nursing Home" or "Intermediate Care Facility" is selected on MN screen CRP.

New Hampshire Update  4

• Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
  • NH Form DP-95 has been approved and can now be printed and e-filed.

New Mexico Update 9

• Corp package:
  • Corporate package has been approved for e-file.
• SCorp package:
  • SCorp package has been approved for e-file.
• FID package
  • FID package has been approved for e-file.

Pennsylvania Update  11

• Individual Package:
  • The intended depreciation amount is now produced on line 40, "Depreciation allowable." of Worksheet to Figure the Depreciation for Business Use of Your Home (PA 8829 WK) and PA8829 Depreciation Attachment (PA8829AT).
  • The intended number of PA Schedules G-L are now produced for the taxpayer or spouse when there are taxes paid to another state.
  • An update prevents reject "DRKPARSE" on element "Sectionl."
  • An update prevents reject "DRKPARSE" on element "SpouseSSN."
• Partnership Package:
  • The intended amount is now produced on line 6, "Nonresident Tax withheld," of PA Schedule NRK-1.
  • EF Message 0378 is now produced only when expected.
  • EF Message 0420 is now only produced when intended.
  • "Y" is now marked on line 8, "Does the entity filing as a partnership...," on PA Form PA-20S/PA-65 when "Partnership" is selected from the "Partner type" drop list on federal screen K1.
• Corporation and S Corporation Packages:
  • EF Message 0126 has been updated.
  • The "SSN/EIN" format has been updated on Pennsylvania RK-1 line 9 or NRK-1 line 7 Worksheet (PA K1 OC).

1120 Program Update 19

• General program update.

990 Program Update 18

• General program update.

Vermont Update 8

• Individual Package:
  • Negative amounts are no longer produced on line "Deductions," of the Three-year State Tax Return Comparison Worksheet (VT-COMP).
  • An update resolves reject "DRKPARSE" on element "Secondary."
  • The amount on line 21, "Student loan interest deduction," of federal Schedule 1 now flows as intended to line 15b, "For residents only - Enter any student loan interest..," on VT Schedule IN-112.
• Fiduciary Package:
  • The VT fourth quarter estimated payment due date for VT Form FIT-165 has been updated to January 15, 2025 on the Summary of Estimates Worksheet (Estimate Summary).