2024.03.15 - Drake23 Updates

Iowa Update 32

• Partnership Package:
  • The intended information is now produced on the "Third Party Disclosure Designee" section, page 9, of Form IA 1065.
• S Corporation and Partnership Packages:
  • The check boxes on Part III of Form IA Nonresident Member Composite Agreement (IA NMCA) are now marked when expected.
  • The intended amounts are now produced on line 1, "IA Composite tax...," and line 2, "IA PTET credit reported...," Part III, of IA Schedule K-1.
• S Corporation Package:
  • An update prevents reject "DRKPARSE" on element "IASchE".
• Corporation Package:
  • EF Message 0136 is now produced when information is missing from the "Third Party Disclosure Designee" section on Form IA 1120, preventing reject "DRKPARSE" on element "DesigneeIdNum".
• Fiduciary Package:
  • An EF Message is now produced when "Full-year nonresident" is checked on IA screen C and either "Moved into Iowa" or "Moved out of Iowa" is selected, preventing reject "DRKPARSE" on element "IASchC."