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18524: 2024.04.09 - Drake23 Updates

Drake Tax Update Notes

2024.04.09 - Drake23 Updates


Iowa Update 42

  • Corporation Package:
    • IA EF Message 0146 is now produced when third party information is required on IA screen 1 > "Third Party Disclosure Designee" link, preventing reject "DRKPARSE" on element "ThirdPartyDesignee."
  • S Corporation Package:
    • An update prevents reject "DRKPARSE" on element "CharitableContributions."

Maryland Update 17

  • Individual Package:
    • The Childcare Credit upper income thresholds have been updated on MD Form 502CR.
    • An update prevents rejects "Form502-01805-010" and "Form505-06202-010."

Maine Update 22

  • Individual Package:
    • EF Message 0089 is now produced when an amount is entered on line 4, "Student Loan Repayment," of ME screen SCHA and ME Student loan Repayment Tax Credit Worksheet (MEWKSPR) is not present in the return, preventing reject "ME1040-012."
    • The "Number of beneficiaries" field has been added to ME screen SUB.
    • EF Message 1165 text has been updated.

Michigan Update 22

  • Fiduciary Package:
    • An update prevents reject "DRKPARSE" on element "Total" when the amount of "0" (zero) is present on line 43, "Total," column C, Schedule 3, of Form MI-1041.
  • Common Cities Update
    • The intended amount is now produced in column E, "Tax withheld," section "Excluded Wages and Tax Withheld," page 2, of MI Form CF-1040 when the income is fully excluded.

New Hampshire Update 5

  • Individual Package:
    • The intended due date of "4-15-2024" is now displayed on the filing instructions for Form DP-10.

Tennessee Update 5

  • Individual Package:
    • The intended amount is now produced on line 36, "Subject to excise tax," of Schedule J, on TN Form FAE170.
    • The intended green check mark is now displayed in the "EF Status" column of the Calculation Results window for applicable TN Forms FAE-173.

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