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18537: 2024.04.17 - Drake23 Updates


Drake Tax Update Notes

2024.04.17 - Drake23 Updates

 

Iowa Update 44

  • Individual Package:
    • Data entered on lines 12 - 15 of IA screen 100J is now printed correctly on Form IA 100J.
    • EF Message 0255 is now produced only when necessary.
    • EF Message 0257 is now produced when data is entered on IA screen 125 > "Page 4" tab > line 7 and other required Part IV entries are missing, preventing reject "DRKPARSE" on element "Part IV."
  • S Corporation and Partnership Packages:
    • EF Message 0149 is now produced when data is entered on line 4, 6, or 12 of IA screen A, preventing certain rejects associated with IA Schedule A.
    • An update prevents reject "DRKPARSE" on element "SSN" regarding Iowa Tax Payment Vouchers.
  • Individual and Corporation Packages:
    • The total on Part II of Form IA 148 now flows as intended to line 3, "Total Refundable Credits," of Form IA 1120, Schedule C1 when credits are limited on Form IA 148.

Kentucky Update 20

  • Corporation and S Corporation Packages:
    • The override fields on KY screen 4 now function as intended.
  • Individual Package:
    • An update prevents reject "DRAKEPARSE" on element "TaxBeforeCredits."
    • The intended KY Schedules KW-2 are now produced as intended.
  • S Corporation Package:
    • The maximum 179 depreciation deduction of $100,000 is now included on line 6 of Form KY4562.

Massachusetts Update 20

  • Individual Package:
    • Penalty amounts are now calculated as intended on the MA Schedule HC Worksheet (MA HCP WK).

Maine Update 24

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "OtherSCovid."

Nebraska Update 14

  • Partnership Package:
    • EF Message 0545 now prevents transmission of NE Form 1065N when the partnership elects to be subject to income tax (PTET) and it is a publicly traded partnership.

New Mexico Update 16

  • S Corporation and Fiduciary Packages:
    • "Code 11 - The owner's allocable share of net income...," has been added to line 6, "Reason code for withholding not required" drop list on NM screen D.

Ohio Update 31

  • Individual Package:
    • An update prevents reject "DRKPARSE" on element "TaxPaidToOtherState."
    • An update prevents reject "DRKPARSE" on element "SchYTable" on OH Form IR-25.
    • An update prevents reject "DRKPARSE" on element "PartBC" on OH Form IR-25.
    • An update prevents reject "DRKPARSE" on element "OtherStateTaxPaid."
    • An update prevents reject "OH-SD100-059."
  • Fiduciary Package:
    • An update prevents reject "DRKPARSE" on element "InvestorBeneficiaryDetail."
  • S Corporation and Partnership Packages:
    • An update prevents reject "OH-IT4738-007."
    • An update prevents reject "OH-PTE-023."

General Program Update 37

  • General program updates

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