18457: 2024.03.01 - Drake23 Updates

Alaska Update 1

• Corporation, S Corporation, and Partnership Packages:
  • EF Messages regarding the following worksheets have been removed:
  • Adjusted Seasonal Installment Method and Annualized Income Installment Method (AK622WK)
  • Worksheet for Charitable Contribution Deduction (AKCCD_WK)
  • Worksheet for Dividends-Received Deduction (AKDRD_WK) Corporation,
• S Corporation, and Partnership Packages:
  • AK Forms 6322 and 6324 have been removed from the program.

Arizona Update 9

• Individual Package:
  • The following code has been added for AZ Form 321 for 2024 per the Arizona DOR:
    • 22718 BBQ Mission
  • The "Certified School Tuition Organizations" link on AZ screen 323 now functions as intended.

General State Programming Update 12

• ALL: Individual Package:
  • Message page 9059 has been added to prevent electronic filing errors if both, "Taxpayer does not have a driver's license or ID" and "Taxpayer did not provide a driver's license or ID" have been marked on screen IDS.
  • EF Message 9018 is no longer produced for states when "Payee Name" is overridden on federal screen 99K.
• AL: Individual Package:
  • AL worksheet WK_SGR will now be printed with AL returns that include a partially taxable pension using the Federal Simplified General Rule.
• DE: S Corporation and Partnership Packages:
  • The names and form order of certain DE forms has been adjusted in Setup > Pricing.
• HI: Individual, S Corporation, and Partnership Packages:
  • Several HI forms have been added to Setup > Pricing.
  • HI form order has been adjusted.
• IA: S Corporation, Partnership, and Fiduciary Packages:
  • The Iowa Nonresident Member Composite Agreement form has been added to the 2023 pricing file (Setup > Pricing) for Iowa's 1120-S, 1065, and 1041 packages.
• IN: S Corporation and Partnership Packages:
  • The names and form order of certain IN forms has been adjusted in Setup > Pricing.
• MD: Individual, Corporation, S Corporation, and Partnership Packages:
  • The following MD forms have been added to Setup > Pricing:
    • Business Entity Annual Report (Form 1), page 4, "Supplemental Details"
    • Business Entity Annual Report (Form 1), page 5, "Exemption",
• ND: Individual Package:
  • The "School District Code" drop list has been updated on ND screen ND1, preventing reject "DRKPARSE" on element "SchoolDistrict."
• OH: Individual Package:
  • OH Form SD 100 is now displayed in the expected order on the "Sets" tab of View/Print mode.
  • Jackson Canton localities have been added to the "Resident city" drop list.

Federal Program Update 20

• MS Form 4562 is now produced as expected when the taxpayer elects to take 100% bonus depreciation for state income tax purpose.

California Update 9

• Individual Package:
  • The intended information is now produced on "Part V Banking Information" section when data is present on CA screen SPMT.
  • An update prevents reject "SCHCA/NR-025" when an amount is produced on line 1d, "Medicaid waiver payments no reported...," of federal Form 1040.
  • CA screens 3522 and 3536 have been updated.
  • An update prevents reject "DRKPARSE" on element "Contribution" when an amount is entered on line 444, "Suicide Prevention Voluntary Tax Contribution Fund," of CA screen 2.
• S Corporation Package:
  • EF Message 2377 has been updated.
• Fiduciary Package:
  • CA Form 3805E is now produced when intended.
• Tax Exempt Package:
  • An EF Message is now produced when an amount is entered on line 16, "Depreciation and Depletion," of CA screen 3, preventing reject "F199-140."
• S Corporation and Partnership Packages:
  • Text on CA screen 3804 has been updated.
• Corporation and S Corporation Packages:
  • Auto expenses entered on federal screen AUTP now flows as intended to CA 100S Other Deductions (CASBATT pg 2).
  • The intended information is now produced on the "Pass-Through Entity (PTE) Elective Tax Payment.." and "Bank Information" sections of CA Form 8453-C.

Colorado Update 6

• Individual Package:
  • The amount on line 13, "Qualified business income deduction," of federal Form 1040 now flows to line 3, "Qualified Business Income Deduction Addback," of CO Form DR 104 when an amount is present on line 11, "SALT Parity Act Credit," of CO Form 104CR.
• S Corporation Package:
  • An EF Message is now produced when an amount is entered on line 9, "Remediation of contaminated land credit," of CO screen CR2.
• Partnership Package:
  • An EF Message is now produced when an amount is entered on line 9, "Remediation of contaminated land credit," of CO screen CR2.
• Fiduciary Package:
  • An EF Message is now produced when an amount is entered on line 5, "Credit for remediation of contaminated land," of CO screen G3.
• Individual Package:
  • An EF Message is now produced when an amount is entered on line 35, "Credit for remediation of contaminated land," of CO screen CR3.
• Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
  • The "Filing Period" entered on CO screen 289 now flows as intended to the "Filing Period" box on CO Form DR 0289.

Connecticut Update 7

• Individual, Corporation, and Fiduciary:
  • Printing has been activated for the following forms:
    • CT1040 and worksheets
    • CT1040NR and worksheet
    • CT1040XN
    • CT1041ES
    • CT1120 and worksheets

1041 Program Update 19

• Form 3468 is now available for filing.
• A Return Note now alerts preparers that federal withholdings must be entered on a W2 screen in order for them to flow to Form 1041.

Georgia Update 9

• Individual Package:
  • The GA NOL Utilized worksheet (GA NOL WK) is now produced when an amount is present on line 15b, "Georgia NOL utilized," of GA Form 500.
  • EF Message 0039 resolves reject "DRKPARSE" on element "FamilyMemberInfo" when filing GA Form 500.
• S Corporation Package:
  • An update resolves reject "DRKPARSE" on element "CreditTypeCode" when filing GA Form 600S.
• Individual and Fiduciary Packages:
  • The following forms have been approved and are now available for e-file:
    • GA Form 500X (Individual package) - GA Form 501X (Fiduciary package)

Hawaii Update 4

• Fiduciary Package:
  • HI Form N-40T is no longer produced when data is not present on federal screen ES.
• Partnership Package:
  • EF Message 0038 is now produced when there are negative amounts on line 22, "Amount paid (overpaid) on original return," and line 23, "Balance due (refund) with amended return," of amended HI Form N-20.

1040 Program Update 25

• An EF Message is now produced when "Child 1" data has not been entered on screen 8839, preventing reject "IND-469."
• An update prevents reject "DRKPARSE" regarding Form 7203 when a negative amount is entered on line 16, "Items affecting shareholder's basis," of screen K1S > "1120S K1 11-17" tab.
• An update prevents reject "DRKPARSE" on element "referenceDocumentId" when "0" (zero) is present on line 3, "Insurance or other reimbursement," of Form 4684.
• An update prevents reject "DRKPARSE" on element "GainOnSaleOfMainHomeAmt" regarding Form 5405.
• The "Applicable Figure" table has been updated for line 7 of Form 8962 in the Drake Tax Planner. No returns were affected by this update.
• Form 2210-F is now produced when "X - Produce Form 2210-F" is selected on the "2210 Options" section of screen 1 and "03-02-2024" is entered in the "Date balance paid" field on screen 2210. 
• Form 3468 is now available for filing.

Iowa Update 21

• S Corporation, Partnership, and Fiduciary Packages:
  • An update prevents reject "DRKPARSE" on element "NetReviewedYearAdjustments."

Illinois Update 13

• Individual Package:
  • An update prevents the following rejects:
    • "ILEIC-1990-1'
    • "ILEIC-2010-1"
    • "ILEIC-2050-1"
  • An update prevents reject "DRKPARSE" on element "Sch1299CAdoptionTable."
• S Corporation Package:
  • An update prevents the following rejects:
    • "IL1120ST-11680-1"
    • "IL2220-8100-2"
    • "IL2220-8100-3"
• S Corporation and Partnership Packages:
  • EF Message 1981 has been added to the program, preventing reject "IL1120B-3100-9."

Kentucky Update 10

• S Corporation and Partnership Package:
  • The intended "Year end date" is now produced on KY Form 740-PTET-ES.
• S Corporation and Partnership Packages:
  • The intended shareholders are now produced on line 1, "Number of partners, members, or shareholders," of KY Form 740-PTET.

Maryland Update 10

• Individual, Corporation, S Corporation, and Partnership Packages:
  • The banner has been removed from the following MD forms:
    • Business Entity Annual report (MD PPR)
    • Form 1
    • Form 2
• Individual Package:
  • The Senior Tax Credit on MD Form 502CR has been updated to $1,750 when the the gross income is under $150,000 for returns with a Head of Household and Qualifying Surviving Spouse filing status.
  • The intended credit amount is now produced on line k, "Adoption of a child," of MD Form 502SU.
• Individual, Corporation, S Corporation, and Partnership Packages:
  • The intended balance due amount is now produced on line 3, "Total amount due" of MD Form EL101B.
• Individual Package:
  • The intended residence is now marked on line 17, "This residence is an:," of MD Form HTC-1 when the "Type of residence" is selected on MD screen HTC.

Missouri Update 8

• Individual, Corporation, S Corporation, and Fiduciary Packages:
  • An update resolves reject "DRKPARSE" on element, "StatePayment."

Montana Update 9

• Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
  • Business rules have been updated to the latest version.
• Fiduciary Package:
  • MT screen 1 has been updated, preventing reject "FormFID-E009."
• Individual Package:
  • The following MT worksheets have been approved for printing:
    • Montana ESW Estimated Tax Worksheet (MTESW)
    • Worksheet ESA - Estimated Tax Annualization Worksheet (MTESA)
    • Worksheet LTCG - Long-Term Capital Gains Tax Worksheet 9MTESCG)

1065 Program Update 19

• An update prevents reject "DRKPARSE" on element "OtherAllocAndApprtnKey1Grp" when "Key/Factor" and "Allocation" data are missing on screen X3.
• Form 3468 is now available for filing.

New Jersey Update 8

• Individual Package:
  • NJ Form PTR-1 has been approved and is now available for printing.
  • The intended amounts are now calculated on line 16, "Exception 2," and line 17, "Exception 3,"columns A and B, of Form NJ-2210NR.
• Individual and Fiduciary Packages:
  • Line 7, "Total receipts from all sales," on NJ screen NRA now functions as intended.
• Fiduciary Package:
  • Data entered on NJ screen K1 now flows as intended to Schedule B of Form NJ-1041 when "Complex trust" is selected on federal screen 1.
• S Corporation Package:
  • The amount on line 4, "Tax Liability," page 1, of NJ Form CBT-100S now flows as intended to line 7, "New Jersey CBT..," Part III, page 9, of NJ Form CBT-100S.

Ohio Update 22

• Individual Package:
  • An update prevents OH rejects "OH-PIT-017" and "OH-PIT-018."
  • EF Message 0297 is no longer produced when a 9-digit ZIP code is entered in the "ZIP" field on federal screen 1.
  • An update prevents OH reject "OH-IT1040-154."
  • Date entered on federal screen W2G now flows as intended to "Part B - W-2/W-2G Income from Employer" on OH Form IR-25.
• Corporation Package:
  • The "Corporation's legal name" and "employer ID number" entered on federal screen 1 is now produced as intended on the Ohio City Net Operating Loss Carryforward Worksheet (OHCITNOL).

General Program Update 24

• General program update.

1120 Program Update 20

• Form 3468 is now available for filing.

Rhode Island Update 7

• S Corporation and Partnership Packages:
  • The intended amount is now calculated on line 9b, "Rhode Island source income of nonresident members...," Column B, of RI Schedule PTW.
• Fiduciary Package:
  • Form RI-1041Es is now produced when intended.
• Individual Package:
  • "Yes" is now marked on line D, "Were you or your spouse 65 years of age or older," on Form RI-1040H when the "Date of birth" on federal screen 1 indicates the taxpayer or spouse is 65 years of age or older.
  • The banner has been removed from RI Form TX-16.
• S Corporation Package:
  • The "Short year" check box is now marked as intended on Form RI-1120S when "Short Year Indicator" is selected on RI screen 1.

1120S Program Update  21

• Form 3468 is now available for filing.

990 Program Update 19

• Form 3468 is now available for filing.

Washington Update 7

• Individual Package:
  • If the taxpayer or spouse have no qualifying children, and have turned 25 during the current tax year, they will now qualify for the WA Working Families Tax Credit, as intended, per the WA DoR.

Wisconsin Update 7

• Individual Package:
  • Line 15B of Form 1NPR is now calculated correctly based on Form W-2G and "Other income" from federal Schedule 1.
  • Line 1 of Schedule NOL1 is now calculated correctly when WI income is a negative amount.
  • Schedule PS now limits the tuition subtraction to the maximum allowed when the student went to two different schools.
• Partnership Package:
  • Credit for taxes paid to another state is now calculated correctly on line 15i of Schedule 3K-1.
• S Corporation Package:
  • A check box has been added to line 14 of Schedule 5K-1 on WI screen K1 ("WI-K1 Part 3" tab).
  • A parse error on the element "USAddress," generated when the "City" and "State" lines on Form 5S are blank, has been resolved.
• Individual, Corporation, and Fiduciary Packages:
  • Schedule FC now accepts leading zeroes (0s) for the contract number.