18456: 2024.02.29 - Drake23 Updates

Arkansas Update 6

• Individual Package:
  • Amounts entered on line "Resident state municipal interest" and "Other state municipal Interest entered" on "Amount of Box 12 above that is..." section of federal screen DIV now flow to "Part II - Taxable Dividends" of Form AR4.

Colorado Update 5

• Corporation Package:
  • The CO Corporation package has been approved and activated for e-file.
  • An EF Message is now produced when an amount is entered on line 11, "Contaminated land redevelopment credit," of CO screen CR.

Iowa Update 20

• Individual Package:
  • IA EF Message 0051 is now produced when "Dependent born and died in 2023; no SSN received" is selected on federal screen 2, preventing reject "DRKPARSE" on element "SSN."
• Partnership Package:
  • "Partnership has made PTET election" check box on IA screen 2 now functions as intended.
  • IA screen 2 has been updated.
• S Corporation and Partnership Packages:
  • The watermark has been removed from IA 2220 and the IA Penalty Worksheet (IAPCALC).
  • EF Message 0173 is now produced when intended.
  • The "SSN/FEIN" is now produced as intended on pages 2 and 3 of IA Schedule K-1.
• Corporation Package:
  • EF Message 209 is now produced when negative amounts are present on line 10, "Partnership gross receipts," or line 11, "Other," on IA screen E.
  • An update resolves reject "DRKPARSE" on elements "documentID" and "documentName" regarding line 19, "Other," Schedule A, on Form IA 1120.
• Individual, Corporation, and Fiduciary Packages:
  • EF Message 0132 is now produced when a negative amount is entered on line 1, "Pre-2023 federal NOL carryover to the current year," of IA screen 124.
  • IA Nonresident Member Composite Agreement (IANMCA) has been added to the program.

Indiana Update 10

• Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
  • The following IN forms have been approved for paper-filing: - 102 - 103-LONG - 103-N - 103-O - 103-SHORT - 104

Louisiana Update 6

• Fiduciary Package:
  • LA Form IT-541-2D has been approved and is now available for e-filing.

Massachusetts Update 14

• Individual Package:
  • MA Return Note 039 has been removed from the program.
  • Line 8, "Maximum Septic Credit available this year," on MA Schedule SC has been updated.
• S Corporation Package:
  • The intended amount is now calculated on line 41, "Other interest and dividend income," of MA Schedule S.
• Estate Package:
  • MA Form M-4422 has been updated to the latest version.
  • MA Form M-706 has been updated to the latest version.
• S Corporation, Partnership, and Fiduciary Packages:
  • MA EF Message 0153 is no longer produced for MD Form M-63D-EXT.

Michigan Update 15

• Individual Package:
  • Line 6b of MI Form 4884 is now marked only when the taxpayer's date of birth is 1/1/1957 or after.
  • Return Note 003 is now generated when a Form 1099-R that does not qualify for a subtraction on MI Form 4884 is included with the return.
  • Amounts from Form 4973 now flow to the correct lines on Form 4884, preventing rejects 380 and 381.

Missouri Update 7

• Individual Package:
  • The spouse's information entered on MO screen CR now flows as intended to Form MO-CR.
  • The following forms have been approved for printing:
    • MO-2210
    • MO-A
• Fiduciary Package:
  • EF Message 0129 has been removed from the program.
  • If no representing officer is entered on federal screen PIN, the officer is defaulted to the person entered on federal screen 1.
• S Corporation and Partnership Packages:
  • Missouri Partnership Attachment 2 (MOP_ATT2) is now produced for MO nonresident partners and shareholders.

Nebraska Update 7

• S Corporation and Partnership Packages:
  • EF Message 0540 has been converted to a Return Note, no longer preventing e-file.
• Individual Package:
  • NE Schedule K-1N is now produced when intended.
• S Corporations and Partnership Packages:
  • An update resolves a rounding issue regarding the shareholder percentages on NE Form PTET.
  • Check box "Opt Out of PTET for 2023" has been added to NE screen PTET.
  • EF Message 0335 is now produced when a negative amount is produced on line 5, "Income reported to NE," of NE Form 1065N/1120SN but amounts are present on lines 7 through 12.

New York Update 14

• S Corporation Package:
  • The intended amount is now produced on line 21, "Current year," column C, of Form NYC-NOLD-GCT.
• Estate Package:
  • Line B, "Are you making a qualified terminable interest property (QTIP) material election," of NY Form ET-706 is now marked "Yes" when "QTIP" is selected on federal screen M.
• S Corporation Package:
  • The amount entered for "City income taxes" on federal screen DED ("Detail" link) is now produced on the following lines:
  • Line 3b, "NYC General Corporation tax deducted on federal return," Schedule B, of Form NYC-4S - Line 5b, "NYC General Corporation tax deducted on federal return," Schedule B, of Form NYC-3L
• Individual Package:
  • EF Message 323 is no longer produced when NY Worksheet 4 - Annualized Income Installment - MCTMT (NYWKPEN4) is present in the return.

Pennsylvania Update  12

• Individual package:
  • PA GL will now flow correct total of taxpayer, plus spouse if present, GL credit for taxes paid to another state to PA40 line 22.
  • PA GL will now not calculate a tax below zero on line 5.
  • PA GL will now be created only if there is a W-2 with another state's wages. PA GL screen's suppress printing check box will now work as designed.

South Carolina Update 10

• Individual Package:
  • The amount on line 10, "Taxable amount of pensions and annuities," of SC Schedule NR is no longer included in line 16, "Total Income" for SC nonresidents.
  • Form SC4868 has been approved and is now available for e-file for tax year 2023.
• S Corporation Package:
  • The amount on line 12 of Form SC 1120S now flows as intended to line 1, "Total tax," of Form SC2220.

Virginia Update 10

• Individual Package
  • VA Form 8879 is now produced when "Use worksheet for accrued market adjustment" is selected on federal screen 8949.