2024.02.01 - Drake23 Updates
General State Programming Update 6
- Hawaii:
- Individual, S Corporation, and Partnership Packages:
- The following HI forms have been added to Setup > Pricing:
- Schedule PTE, pages 1 and 2
- Schedule PTE-U
- N-263E
- N-362E
- N-362
- The EF_ACK page has been added to Form order in View/Print mode.
- Iowa:
-
Individual and Corporation Packages:
- Pricing for the 2023 Iowa 1040 and Iowa 1120 packages has been updated.
- Maine:
- Individual Package:
- The Maine Schedule 1040C-ME Worksheet is obsolete and has been
removed from Setup > Pricing.
- Pennsylvania:
- Corporation and S Corporation Packages:
- PA Form REV986 is now a two-page form and has been updated
in Setup> Pricing.
- Texas:
- All Packages:
- Pricing for 2022-2024 Texas report year forms has been updated.
- The forms are now listed in the proper order on the client's bill.
- TX Form 05-163, No Tax Due Report, is obsolete and has been removed
for 2024 report year pricing.
Delaware Update 1
- Individual Package:
- DE Forms PIT-RES and PIT-NON have been approved and are now available
for e-filing.
Iowa Update 6
- Individual, Corporation, S Corporation, Partnership, and Fiduciary
Packages:
- "Note: You are required to file returns...," has been added
to screen BTP3.
- Page 3 of IA Business Tax Permit Registration (IA BTPR) has
been updated.
- The watermark has been removed from IA Schedule CC and
Form IA 1120.
- Fiduciary Package:
- "IA - Iowa" has been added to the "State/city selection" drop
list on federal screen DD.
Kentucky Update 4
- Individual, Corporation, S Corporation, Partnership and Fiduciary Packages:
- The intended green check mark is now displayed in the "EF Status" column
of the Calculation Results window for the applicable federal and
Kentucky forms.
-
Corporation, S-Corporation, Partnership and Fiduciary Package
-
Adding a message to prevent eFile if a future debit date is entered.
- Individual, Corporation, S-Corporation, Partnership and Fiduciary Packages
-
An update will prevent KYOL3 Reject ML_0005.
- Individual, Corporation, S-Corporation, Partnership and Fiduciary Packages
-
An update will prevent KYOL3 Reject IL_0002.
Louisiana Update 2
-
Individual, Corporation, S Corporation, and Fiduciary Packages:
- The following LA forms have been approved for printing:
- LA 540V (Individual package)
- LA 541 (Fiduciary package)
- LA CIFT-620EXT-V-SD (Corporation package)
- LA IT-540ES-SD (Individual package)
- LA R-541ES-SD (Fiduciary package)
- Partnership Package:
- LA Form IT-565-2D has been approved for e-file.
- Individual Package:
- Return Note 10 is obsolete and has been removed.
Michigan Update 7
- Individual Package
- The intended amount is now produced on line 16, "Total Retirement
and Pension Benefits Subtraction," of MI Form 4884 in a Married
Filing Jointly return when the following occur:
- 6a, "Check here if you received qualified retirement benefits...,"
is marked on MI Form 4884
- The year of taxpayer's "Date of birth" on federal screen 1 is 1973
and the spouse's "date of birth" year is 1946.
- MI Form 4884 is no longer produced when a larger retirement and
pension benefit subtraction is produced on MI Worksheet 2, preventing
EF reject 107.
- To prevent EF reject 130, EF Message 133 is now produced when the
taxpayer's date of birth on federal screen 1 is January 1, 1957, and
there is a deduction amount present on MI Schedule 1, line 26, "Tier
3 Michigan Standard Deduction."
Minnesota Update 8
- Partnership Package
- e-File specifications have been updated for MN Schedule PTE.
North Dakota Update 5
- Individual Package:
- The Marriage Penalty Credit limitation has been updated to $249
for 2023, and is now produced as intended on line 22, "Marriage
penalty credit for joint filers," of Form ND-1 for Married Filing
Jointly returns.
New Jersey Update 4
- Individual Package:
- "$240" is now produced on line 58, "New Jersey Earned Income Tax
Credit," of Form NJ-1040 when the taxpayer is at least 18 years of
age and meets federal EIC requirements (other than the age
requirement).
- The correct amount of total wages is now displayed on Form NJ-1040R,
line 15, Column A, for nonresident returns. Prior to this update,
only NJ wages were displayed.
- S Corporation Package:
- The intended amount is now produced on line 2b, "Enter the total
minimum tax," of NJ Form CBT-100S when "Inactive" is selected on
NJ screen 1.
- An update prevents reject "DRKPARSE" on element "PassthroughBAIT."
- S Corporation and Partnership Packages:
- An update prevents reject "DRKPARSE" on element "ReturnDataState."
- Corporation, S Corporation, Partnership, and Fiduciary Packages:
- The intended New Jersey tax website is now displayed on the filing
instructions.
New Mexico Update 4
-
S Corporation and Partnership Packages:
- NM Forms NMPTE and NM1120S have been updated with 2023 tax year changes.
New York Update 3
- Individual and Fiduciary Packages:
- EF Messages 1010 and 0703 are now produced for Forms NYC-202 and
NYC-202EIN, temporarily preventing e-file.
- The field "Biotechnology Credit (Form NYC-114.10)" has been added
to NY screen 2021. When data is entered in this field,
EF Message 1010 is produced, preventing e-file.
- Fiduciary Package:
- The "Income distribution deduction" and "Number of beneficiaries"
are now produced on page 1 of NY Form IT-205 when "Trust meets
conditions of section 605(b)(3)(D)" is selected on NY screen 1.
- Corporation Package:
- The field "Biotechnology Credit (FormNYC-9.10)" has been added to
NY screen 101. When data is entered in this field, EF Message 0703
is produced, preventing e-file.
- Form NCY-2 is now produced instead of Form NYC-2S when any of
the following is true:
- Data is entered for the "Biotechnology Credit" on NY screen 101.
- Data is entered for the "Child Care Credit" on NY screen 101.
- Modification code "S-220" is entered on NY screen 225.
- S Corporation Package:
- The field "Biotechnology Credit" has been added to NY screen 3L1.
When data is entered in this field, an EF Message is produced,
preventing e-file.
- Form NYC-3L is now produced instead of Form NYC-4S or NYC-4SEZ
when any of the following is true:
- Data is entered for the "Biotechnology Credit" on NY screen 3L1.
- Data is entered for the "Child Care Credit" on NY screen 3L1.
- Modification code "S-220" is entered on NY screen SH2.
- Corporation and S Corporation Packages:
- Interest rates and the number of days in the year have been updated
for Form NYC-222.
- Partnership Package:
- The field "Biotechnology Credit" has been added to NY screen 204A.
When data is entered in this field, EF Message 0703 is produced,
preventing e-file.
- Form NYC-204EZ is now suppressed when data is entered for the
"Biotechnology Credit" or "Child Care Credit" on NY screen 204A.
- The following "Date" override fields on NY screen 204D now function
as expected:
- "Payment with Notice of Estimated Tax Due (2)"
- "Payment with Notice of Estimated Tax Due (3)"
General Program Update 14
- The intended data is now displayed on Section N of screen K1 when
updating the return from Drake Tax 2022 > Drake Tax 2023.
Utah Update 2
- S Corporation and Partnership Packages:
- Any UT tax paid on behalf of partners or shareholders is now
automatically calculated as other income on Form TC-65, Schedule K,
line 12, or Form TC-20S, Schedule K, line 11.
- Individual, S Corporation, and Fiduciary Packages:
- The taxpayer's and spouse's date of death fields have been adjusted
to be printed correctly on Forms TC-40, TC-20S, and TC-41.