2023.09.26 - Drake22 Updates

Illinois Update 25

• Individual Package: 
  • The intended amount is now calculated on line 2, "Enter the amount of credits from each tax return," column A, of IL Form IL-2210.
• Corporation, S Corporation, Partnership, and Fiduciary Packages:
  • An update prevents reject "DRKPARSE" on element "YearMonthCarried" when "various" is entered in a date field on IL screen NLD.
• S Corporation and Partnership Packages: 
  • A Return Note is now produced when IL Form IL-2220 is produced as a worksheet when "Check this box if you are elected to file and pay Pass-through Entity tax," is not selected on IL screen INFO.
  • EF Message 0252 is now produced when "F" is entered on "Print the IL-2220" on IL screen PEN, but "Check this box if you elected to file and pay Pass-through Entity Tax," is not selected on IL screen INFO.

Massachusetts Update 40

• Partnership Package: 
  • EF Message 0161 is now produced when "Exempt ORG" is selected from the "Partner type (not the partnership)" drop list on federal screen K1, preventing reject "DRKPARSE" on element "Sch3K1."
• Fiduciary Package:
  • "Beneficiary's 63D refundable credit" field on "2K1 Continued tab" of MA screen 2K1 is now available. The amount entered in this field flows to line 19e, "the Beneficiary's Refundable Credit," on page 3 of MA Schedule 2K-1.

Mississippi Update 13

• Individual Package:
  • Negative amounts can now be produced on line 13, "Mississippi adjusted gross income," columns A and B, on MS Form 80-105.
• Corporation Package:
  • The apportionment ratio has been updated on line 19, "Apportionment ratio," of MS Form 83-122.