18545: 2024.04.19 - Drake23 Updates

Federal Program Update 32

• General program update.

California Update 18

• Individual Package:
  • An EF Message is now produced when data is present on federal screen ES for CA with "FR - State Franchise Tax" selected from the "Type" drop list and the "Taxpayer's PIN signature" is missing on federal screen PIN, preventing reject "DRKPARSE" on element "PrimarySignature."
  • The intended amount is now produced on line 2, "Net income (loss) from rental real estate activities," column C, page 5, of CA Form 568.
  • An update prevents reject "DRKPARSE" on element "ZIPCd" when a 4-digit ZIP code extension is entered on CA screen 3504.
  • Print alignment has been adjusted for pages 5 and 6 of CA Form 540NR.
  • An update prevents reject "DRKPARSE" on element "waiverRequested" when a negative amount is entered on line 1, "Requesting a Waiverof Penalty" of CA screen 5805.
  • An update prevents reject "DRKDUPE" when e-filing an amended CA Single Member LLC.
• Tax-Exempt Package:
  • The amount produced on line 17, "Total depreciation...," of CA Form 3885 now flows as intended to line 16, "Depreciation and depletion," page 2, on CA Form 199.
  • An update prevents reject "F199-068" when line H,"Is this organization in a group exemption," is selected on CA screen DEMO, but the "What is the parent's name" is blank.

1041 Program Update 33

• Schedule C business codes have been updated.
• An update prevents reject "DRKPARSE" on element "QualifiedIndividualNm" when invalid characters are entered on line 3a, 3b, or 4a of screen 7205.

1040 Program Update 38

• The Schedule SE Social Security limit has been updated for 2024 Tax Planner scenarios.
• Schedule C business codes have been updated.
• An update resolves reject "DRKPARSE" on element "QlfyCnsvrContriRelevantBssAmt."
• The following "T or S" options have been added to screen STEX:
  • PHT - Philadelphia SIT Taxpayer
  • PHS - Philadelphia SIT Spouse
• An update prevents reject "DRKPARSE" on element "QualifiedIndividualNm" when invalid characters are entered on line 3a, 3b, or 4a of screen 7205.

Iowa Update 45

• Individual Package:
  • IA EF Message 0256 has been updated
  • Amounts are now automatically produced as intended on IA screen 102.
  • Fields "TP" and "SP" have been added to IA screen LN19.
• S Corporation Package:
  • Amounts are no longer produced on page 3 of IA 1120S Schedule K-1.
• S Corporation, Partnership, and Fiduciary Packages:
  • The check boxes are now marked when intended on IA Nonresident Member Composite Agreement (IA NMCA)

Montana Update 19

• Partnership Package:
  • MT Schedule I is no longer produced when either of the following check boxes are selected on MT screen 1, preventing reject " FormPTE-E12":
    • "Partnership has 100% Montana activity and Schedule I is not required"
    • "Partnership has 0% Montana activity and Schedule I is not required"
• Fiduciary Package:
  • EF Message 0042 is now produced when "Grantor type trust" is marked under the "Entity Type" of MT Form FID-3 and an amount is present on line 57, page 3, preventing reject "FormFID-E002"

1065 Program Update 31

• Data that is not required is no longer produced on Form 3468.
• An update resolves reject "DRKPARSE" on element "QlfyCnsvrContriRelevantBssAmt."
• Amounts with the following codes in box 13, "Other deductions," of Schedule K-1 are now included on the Partner's Basis Worksheet Prepared from the Partnership Records (WK_PBAS):
  • AB
  • AC
  • AD
  • AE
  • Note: The Partner's Basis Worksheet does not affect the return.
• An update prevents reject "DRKPARSE" on element "QualifiedIndividualNm" when invalid characters are entered on line 3a, 3b, or 4a of screen 7205.

Ohio Update 32

• Individual Package:
  • An update prevents reject "OH-PIT-027."
  • An update prevents reject "DRKPARSE" on element "FilingStatus."
  • An update prevents reject "COCT_010" regarding Columbus Form IR-25.
• Fiduciary Package:
  • An update prevents reject "DRKPARSE" on element "InvestorsShareOfOhioIncome."

1120 Program Update 32

• An update prevents reject "DRKPARSE" on element "QualifiedIndividualNm" when invalid characters are entered on line 3a, 3b, or 4a of screen 7205.

1120S Program Update 33

• Data that is not required is no longer produced on Form 3468.
• An update resolves reject "DRKPARSE" on element "QlfyCnsvrContriRelevantBssAmt."
• Amounts calculated on Form 8835 now flow as expected to the shareholders' Schedules K-1.
• An update prevents reject "DRKPARSE" on element "QualifiedIndividualNm" when invalid characters are entered on line 3a, 3b, or 4a of screen 7205.

990 Program Update 31

• An update prevents reject "DRKPARSE" on element "QualifiedIndividualNm" when invalid characters are entered on line 3a, 3b, or 4a of screen 7205.

Wisconsin Update 14

• Individual Package:
  • An update prevents reject "DRKPARSE" on element "SchNOL3."
  • An update prevents reject "DRKPARSE" on element "SchOS" when there are more than 42 states present on WI Schedule OS.
  • Amounts are no longer produced on Part IV of WI Schedule CS when there is more than one WI Schedule CS is present in the return.