2024.03.20 - Drake23 Updates

Federal Program Update 26

• General program update.

General Program Update 5

• All appointments are now displayed as expected in the Drake Tax Planner weekly view.

1041 Program Update 27

• An update resolves reject "SA-F8936-001."

Georgia Update 12

• Individual and Fiduciary Packages:
  • An amount is no longer produced on line 5, "Previous Net Operating Loss claimed," Schedule 4, of GA Form 500 per the GA DOR.
  • An amount is no longer produced on line 26, "Net Operating Loss carryovers from other years," Schedule 7, of GA Form 500 per the GA DOR.
• Individual Package:
  • GA Form 500X has been approved and is now available for printing.
• Corporation, S Corporation, and Partnership Packages:
  • GA is no longer displayed under the "State Extension(s)" section on the Account Transaction Summary.

Hawaii Update 7

• S Corporation and Partnership Packages:
  • Schedule PTET is now produced when HI Form N362-E is present in the return and there is no tax on line "Pass-Through entity tax," of HI Form N-20/N-35.
• Individual Package:
  • An "X" is now produced on line "If you can be claimed as a dependent on another person's return...," page 2, of HI Form N-11 when "dependent of another" is selected for both the taxpayer and spouse on federal screen 1.

1040 Program Update 32

• An update prevents rejects "F8936-046," "F8936-047," and "F8936-048."

Indiana Update 13

• Individual Package:
  • EF Message 0024 has been updated
  • Field helps have been added to IN screens NOL3 and NOL4.
  • Return Note 19 is now produced when a prior year is entered on IN screens NOL3 or NOL4.

Massachusetts Update 18

• Individual Package:
  • The field help for line 14, "Rent Paid," has been updated on MA screen 1.
• Partnership Package:
  • "ELTCRD - Pass-Through Entity Excise Tax" has been removed from the "Credit Type" drop list on MA screen CMS1.

Michigan Update 19

• Individual Package:
  • Return Note 530 has been updated with correct line number for the main form.
  • An update to Form MI Form 4884 now allows the Senior Worksheet to be printed when the taxpayer or spouse is 78 years of age or older.
• Detroit Corporation and S Corporation Packages:
  • Line 51 of Form 5297 is now totaled correctly when an underpayment is present.

1065 Program Update 25

• An update resolves reject "SA-F8936-001."

New Jersey Update 11

• Individual Package:
  • The field help for line 56, "Property Tax Credit," on NJ screen 2 has been updated.
• Fiduciary Package:
  • An update resolves reject "DRKPARSE" on element "RetTypeCheckoff."
• Partnership Package:
  • An update resolves reject "DRKPARSE" on element "PercentageOwned."
• Corporation Package:
  • The intended amount is now shown on lines 2a and 2b of NJ Form CBT-100, Schedule A, Part III when "Investment Company" is selected on NJ screen 1.
• Corporation and S Corporation Packages:
  • An update resolves reject "DRKPARSE" on element "DateAnswered" regarding NJ Form CBT-100S, Schedule N.
• S Corporation and Partnership Packages:
  • The balance due on NJ PTE-100 extensions is now displayed on the Client Results letter and filing instructions as expected.

General Program Update 30

• The e-File Status feature has been enhanced to always prompt users to pick up and process new acknowledgments prior to viewing the EF Database.
• An alert is now displayed when required officer or partner information is missing on business returns that will be uploaded to Drake Portals for signing.
• The filing status can now be changed for split Married Filing Jointly returns in the Drake Tax Planner.
• Linkbacks now function properly for returns with multiple Forms W-2.

1120 Program Update 26

• EF Message 1132 is now produced when lines 29a and 29c on Form 1120, Schedule K are "No."
• Form 1120, Schedule K, line 29c now defaults to "Yes" when no selection is made on line 29c of screen K.
• An update resolves reject "DRKPARSE" on element "ApplcblCorpDeterminationGrp."
• An update resolves reject "SA-F8936-001."

1120S Program Update 27

• An update resolves reject "SA-F8936-001."

South Carolina Update 14

• Individual Package:
  • SC Schedule TC-62 is no longer produced when "Y - Yes" is selected from the "Compensated for serving as a preceptor during current tax year" drop list on SC screen TC62 or when the percentage on line 7 is less than 30%, preventing reject "0016."

990 Program Update 26

• An update resolves reject "SA-F8936-001."

Texas Update

• Individual Package:
  • TX Form 05-102 is now available for filing.

Virginia Update

• Individual Package:
  • VA Form 763S is now produced when the taxpayer and spouse are residents of Maryland, Pennsylvania, or West Virginia.
  • Print alignment has been adjusted for the "Age 65 and Older Income Based Deduction Worksheet" (VAWK_AGE).