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16121: 2019.03.14 - Drake18 Updates

Drake18 Update Notes

2019.03.14 - Drake18 Updates


General Update 37

  • An allocation worksheet for Form 8990 has been added to Setup > Pricing, item number 624, for the 1040, 1120, 1120S, 1065, and 990 packages.

1040 Updates 38

  • An update prevents parse error, “’PreparerOtherThanFilerNm' element is invalid,” associated with the preparer’s name printed on page 1 of Form 3115, Application for Change in Accounting Method. 
  • A program update prevents a blank 4255 screen from causing reject F1040-205-01: “If Form 4255 is present in the return, then there must be an [OtherTaxStatement] attached to Form 1040, Line 62, and in [OtherTaxStatement] at least one 'OtherTaxLitCd' must have the value "ICR" with the corresponding 'OtherTaxAmt' having a value greater than zero."
  • Notes were added and revised concerning entries made on screen 4562 when a multi-form code for a "Like-Kind Exchange MFC" has been entered in the "If sold" section of the screen. 
  • Programming for EF messages in regard to treaty exclusions on Form 1040NR has been updated to match the most recent version of IRS business rules. [Message 2201] 
  • An update allows prefix “302” for a TPG Instant Issue Walmart MoneyCard.

Federal Update 16

  • General program update.

1041 Update 15

  • An update prevents parse error, “’PreparerOtherThanFilerNm' element is invalid,” associated with the preparer’s name printed on page 1 of Form 3115, Application for Change in Accounting Method.
  • Notes were added and revised concerning entries made on screen 4562 when a multi-form code for a "Like-Kind Exchange MFC" has been entered in the "If sold" section of the screen.

1120 Update 15

  • Notes were added and revised concerning entries made on screen 4562 when a multi-form code for a "Like-Kind Exchange MFC" has been entered in the "If sold" section of the screen.

990 Update 10

  • An update prevents parse error, “’PreparerOtherThanFilerNm' element is invalid,” associated with the preparer’s name printed on page 1 of Form 3115, Application for Change in Accounting Method.

Arizona Update 15

  • Individual Package:
    • The Arizona income ratio, calculated on line 27 of Form 140NR, Nonresident Personal Income Tax Return, and Form 140PY, Part-Year Resident Income Tax Return, will be rounded "up" when the fourth decimal place is "5" (for instance, 0.9385 will be rounded to 0.939) to prevent a Business Rule 740 reject.
  • Partnership Package:
    • The expected amounts will be printed on Form 165, Schedule K-1, Resident and Part-Year Resident Partner's Share of Adjustment to Partnership Income, and Form 165, Schedule K-1(NR), Arizona Nonresident and Out-of-State Partner's Share of Income and Deductions, when the special allocation is used to determine the partner's share.

Colorado Update 14

  • Individual Package: 
    • Based on updated guidance in CO FYI Income 4, COWK_ID, State Income Tax Deduction Addback Worksheet has been updated and will now exclude local tax from the addback calculation on line 2 of Form DR 0104.
    • The federal Minimum Tax Credit will now flow from federal Form 8801, line 25, to the "Minimum Tax Credit" line at the bottom of page 2 of Form DR 0104CR , Individual Credit Schedule. 
    • To prevent reject 18- 04- 26, EF Message 0151 now prevents e-file on returns with CO withholding tax on federal screen 8949 from Form 1099-B. CO does not currently support 1099-B withholding transmitted with an e-filed return.
  • Fiduciary Package:
    • Line 1, "Dividends," and line 2, "Interest," on Schedule C of Form DR 0105, will now be blank by default as only dividends and interest arising from a business doing business in CO are taxable.

Connecticut Update 12

  • S Corporation and Partnership Packages:
    • Net Section 1231 gains and losses from federal Form 1120S, Schedule K, line 9, will now flow to Form CT 1065/1120SI, Part I, Schedule B, line 19.
    • A parse error on element 'ResidentIndDistShare' has been resolved.
    • A rounding issue on "Part IX - Allocation of PE Tax Credit to Members," on Form CT-1065/CT-1120SI, has been corrected. 
    • When CT screen EWVR is completed, the banner "This return must be filed electronically! Do not mail!" will be removed for all pages of Form CT- 065/1120SI.
  • Individual Package:
    • When the CTES_WK - 2019 Estimated Connecticut Income Tax Worksheet is used to calculate the 2019 CT 1040 Estimated payment coupons, the line 19 amount will now flow to the coupons.
    • Net loss from federal Schedule C on a nonresident return will no longer flow to line 5, Column D, of Schedule CT-1040AW. Part-Year Resident Income Allocation.
  • Fiduciary Package:
    • QuickFile qualifications have been updated, resolving reject code CT012-MEF-ESTRUST.
    • A CT EF Message will now be generated when the "Intervivos Trust Information" on CT screen 1 is not completed and Form CT-1041 is for a grantor or intervivos trust, preventing reject CT006-MEF-ESTRST.
  • Individual, S Corporation and Partnership Packages:
    • The format for the "Signature Date" on CT Form OP-424, Business Entity Tax, has been corrected.

Florida Update 5

  • All Packages:
    • Duplicate screens for Form 405D will no longer be produced when asset numbers entered on federal screen 4562 have a leading zero ("0"). 
    • Line 16a of Form DR-405, Tangible Personal Property Tax Return, is now flowing correctly from assets entered on federal screen 4562. 
    • Individual, Corporation, S Corporation, and Partnership Packages:
    • The "Return Signature Option" at Setup > Preparer(s) now allows both physical and electronic signature.
  • Corporation, S Corporation, and Partnership Packages: 
    • The "Filing status" checkbox on Form FL-7004 now displays each type of return correctly.
  • Corporation and S Corporation Packages:
    • A parse error on 'AddressLine1' has been resolved.
    • The worksheet for FL Subtractions for Bonus Depreciation (FL_DEPR) has been updated to display the correct amounts for "Subtractions Applied in the current tax year" and "Amount used in prior years" columns.
  • Corporation Package:
    • FL Net Operating Loss Carryover Deduction screen now reflects the correct years previous to 2009.

Iowa Update 11

  • Individual Package:
    • A line for "Qualified Charitable Distribution Adjustment for IA" was added to IA screen 1.
  • S Corporation,Partnership, and Fiduciary Packages:
    • When the return includes Form IA 1040C, Composite Individual Income Tax Return for Nonresidents, and line 23 has a total amount due, then Form IA 1040V, Payment Voucher, will be produced per IA Instructions.

Illinois Update 13

  • Corp, SCorp and Partnership Packages:
    • Updated program will now "Elect to treat all income as business income" when the, Checkbox P is checked on the "IL 1120S INFO screen or Checkbox L on the "IL INFO PTR Business Information" screen Or Checkbox S on the " IL 1120 "INFO Corp Business Information" screen, IL Schedule NB is not produced.
    • Updated program to give an EF error message if Schedule NLD Step 1, "Loss Year " is after 2003-11 and before 2006-12. This is to prevent IL reject IL1120NLD-400-3.
  • Partnership Package:
    • Updated Program to produce an EF Error message to prevent IL reject IL1120B-2700-1 "If SchILB Line Section B Col A (US State Abbr) or SchILB Line Section B Col A (Foreign Country) is present, then SchILB Line Section B Col B must contain either an I, P, M, C, T, S, N, or A." 
    • Update will prevent e-filing of the return if "Subgroup Schedule attached" is checked on IL1120ST Step 1 line J, IL1065, Line S ,or IL1120 Line I. 
  • Individual Package: 
    • IL Error Code 0130 will no longer produce when [ IL Schedule NR line 37 "Enter your adjusted gross income as reported on your Form IL-1040 Line 1" ] equals the [IL-1040 Step 2 line "1 Federal AGI" .]

Kentucky Update 15

  • Individual Package:
    • KY CTP_WK, Credit for Taxes Paid to Other State Worksheet, will now be produced when unemployment benefits are received from and taxed in the reciprocal state.
  • Partnership Package:
    • Updates prevent parse error 'SectionB' when multiple entries are made on KY screen AC, Sch A Continuation Sheet, in the "Pass-Through Entities" section. 
  • S Corporation and Partnership Packages:
    • Amounts entered in override fields on KY screen TC will now be printed as expected on Schedule TCS, Tax Credit Summary Schedule.

Louisiana Update 14

  • Corporation and S Corporation Packages:
    • An error will no longer occur when PDFs are attached for e-file to LA Forms 620, LA Corporation Main Return, and 620S, LA S Corporation Main Return.
  • Individual Package:
    • Line 4 of LA Form R-19026, Installment Request for Individual Income, will no longer calculate unless the number of months is entered on LA screen 1902. Prior to this update, if the number of months were not entered, a large negative number could be calculated.
  • Partnership Package:
    • EF messages have been updated to parse errors on element 'LDRAccountNumber' by requiring the account number to be exactly ten digits.

Massachusetts Update 12

  • Partnership Package:
    • Program updates prevent reject DRKPARSE for element 'Adjustments1' when more than one adjustment is entered for either line 19, line 21, or line 24 of Form 3, Massachusetts Partnership Return of Income.
    • A checkbox was added to MA screen 2, for line 32 on page 7 of Form 3, Massachusetts Partnership Return of Income.

Maine Update 11

  • Corporation Package:
    • Line 1d, "Regular Income Tax Liability for 2018," of Schedule D, Minimum Tax Credit, of Form 1120ME, Maine Income Tax Return, will compute the amount per line instruction as "Form 1120ME, Line 7a minus all Schedule C credits except minimum tax credit." Prior to update, an override was required for the correct amount when other credits were present on Schedule C. 
  • Individual Package:
    • The auto-fill function of ME screen XWKS has been corrected. 

Michigan Update 18

  • Individual Package:
    • Updates prevent parse error 'HousingFacilityAddress' when an incomplete address is entered on line 58 in the "Part 5 - Alternate Housing Facilities" section of MI screen RENT, for Form MI-1040CR. Homestead Property Tax Credit.
    • Line number references on MI screen PEN were updated to match Form MI-2210, Underpayment of Estimated Income Tax. 
  • Fiduciary Package:
    • Residency status will be printed, as expected, on MI Schedule 2 Attachment, Names and Addresses of Beneficiaries. 
  • Corporation Package:
    • Help files on the following MI screens have been updated to provide additional assistance for filling a Unitary Return:
      • CIT, CIT General Information
      • 4894, Shareholders and Officers Schedule
      • 4898, Non-Unitary Flow-Through Entities

New Jersey Update 13

  • Individual Package:
    • Updates improve the data flow from federal screen 1099 to line 22, column A, of Form 1040NR, State of New Jersey Income Tax - Nonresident Return.
    • Updates improve the functionality of Form 2450, Employee's Claim for Credit For Excess UI/WF/SWF, Disability Insurance, and/or Family Leave Insurance Contributions for Calendar Year 2018, when there are multiple Forms W-2 entered with NJ UI/WF/SWF amounts. 
    • Updates improve the functionality of the data flow in the "Resident State Municipal Interest" box on federal screen DIV, Dividend Income.
    • Per state instructions, certain NJ Return Notes regarding the Property Tax Credit and the Homestead Rebate were updated with current line- number references.
  • Partnership Package:
    • Program updates improve the functionality of data flowing between Form CBT-206, Partnership Application for Extension of Time to File NJ-CBT- 1065 and Form Part-200-T, Partnership Application for Extension of Time to File NJ-1065.
  • Corporate and S Corporation Packages:
    • Text changes were made to Form CBT-100, New Jersey Corporation Business Tax Return for Schedule A-4, lines 14-16, to conform with the updated version.

New Mexico Update 8

  • Partnership Package:
    • A parse error on 'SchPTEB' has been resolved when there is an amount in "Column 1, Total Income Everywhere," of the PTE-B, "Allocated Non- Business Income Taxable to Owners" section of Form PTE, Information Return for Pass-Through Entities, and no income or loss in "Column 2, New Mexico Income." 
  • S Corporation Package:
    • EF Message 0475 will no longer be produced when apportionment is 100% to New Mexico.
    • A parse error on 'CountOfFactors' has been resolved when "Zero Percent Apportionment to New Mexico (No Regular Business Activity)" has been selected in NM screen A, Apportionment.
    • EF Message 0028 has been added to prevent a parse error on 'MunicipalBondInterest' when a negative number has been entered on lines 3, 5, and 6 of NM screen 1.
  • Individual Package:
    • New Mexico Worksheet for Computing the Amount on Line 10 of the PIT- 1 Return (NMITMDED) has been revised by the DoR to reflect changes to federal Schedule A, line 5. Returns filed using the prior version of this worksheet should be reviewed for potential changes to the line 10 and 12 adjustments of Form PIT-1.
    • New Mexico has announced that the Farmers and Ranchers exclusion from underpayment penalties has been extended from March 1 to April 15. The underpayment penalty calculation has been updated to account for this change.

New York Update 15

  • Individual Package:
    • When filing Form IT-203, Nonresident and Part-Year Resident Income Tax Return, and the resident city on federal screen 1 is not "PY," the program will now recognize the New York City "# of months" override on NY screen 1.
    • NY extensions in the Individual package can now be e-filed even if unverified fields exist in the return.
  • Partnership Package:
    • An update prevents e-file reject, DRKPARSE, when a partnership's email address contains more than 21 characters. 
  • Fiduciary Package:
    • NY EF Message 220 will no longer be generated when the calculated underpayment penalty is equal to 1.
  • Individual, Partnership, and Fiduciary Packages:
    • The client result letter for NY products will now reflect that the return has been e-filed even when the return is still pending (has received a "P" acknowledgement).
  • S Corporation Package:
    • Updates have been implemented to prevent a parse error for element "SchH" when form NYC-3L General Corporation Tax Return is e-filed. Schedule H Business Allocation, "line 7" will now generate 0% when applicable.
    • Programming changes prevent line 20e of Schedule B of Form NYC-3L General Corporation Tax Return, from doubling the amounts entered for lines 20a through 20d on NYC screen 3L3.
    • Form CT-6, Election by Federal S Corporation to be Treated As a New York S Corporation, has been updated to be printed correctly when a federal S corporation files as a corporation for NY. Prior to this update, Form CT-6.1 would be generated in place of Form CT-6 when NY corporations filed in the S Corporation package.
  • Corporation and S Corporations Packages:
    • Updates prevent NY reject 06998, "Valid Province code is required if Country code is Canada." NY corporations incorporated in Canada are now required to enter a valid "Province" on federal screen 1 in the "Foreign Only Province/State" field when the country code is "CA." 
    • Updates prevent NY reject 02707, "Liability Period end date is before Liability begin date," when a fiscal-year Form CT-300, Mandatory First Installment of Estimated Tax for Corporations, is e-filed.

Oklahoma Update 9

  • S Corporation and Partnership Packages:
    • An update prevents DRKPARSE on the element 'CityNm' if numerals were entered for the city of residence. 
  • Fiduciary Package:
    • An update prevents reject DRKPARSE on the element 'PersonFirstName' when special characters, such as periods, have been used in the "First name" field.
    • Withholding reported on Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc, will now flow to Form 513, Fiduciary Return of Income.
  • Individual Package:
    • An update prevents reject DRKPARSE on the element 'FormHeader' when the return has been marked as a non-resident return with different filing status' between taxpayer and spouse but a residency has not been chosen for the spouse on OK screen 511.
    • Deductions for providing foster care have been added back by the DoR on Schedule 511/511NR-C, Oklahoma Adjustments, and are now available. 
  • S Corporation Package:
    • A rounding issue has been resolved to prevent reject 512S-002, "If Form 512-S, Part 1, line 1 (NonresidentShareTaxableIncome) is greater than zero, line 2 (StateIncomeTax) should equal 6% (.06) of line 1. If zero, enter zero."

Oregon Update 14

  • Partnership Package:
    • A parse error on 'StateResidents' will no longer occur when characters other than numbers are entered in the "Oregon residents" field of OR screen 1.
  • Individual Package:
    • When there is only one provider on page 1 of Schedule OR-WFHDC, Oregon Working Family Household and Dependent Care Credit, the amount paid to the provider will be updated to reflect only the amount the taxpayer paid to the provider on page 2, excluding amount paid by employer. The WFHDC will be correctly calculated without the preparer having to enter the amounts twice. If there are two or more providers, the preparer will have to enter the data on OR screen WFC. 
    • When OR itemized deductions and the standard deduction are the same amount, the program will now default to the standard deduction, preventing EF reject OR-028.
    • The direct debit information will now continue to appear in the OR filing instructions after an e-filed return receives a "Pending" (P) acknowledgement or an "Accepted" (A) acknowledgement.

Wisconsin Update 20

  • Partnership Package:
    • An update prevents EF Message 0089 from being generated when, in certain situations, a rounding issue causes the total capital ownership to be great than 100%.
  • S Corporation Package:
    • The line 12 "Other deductions" override fields on WI screen K1 now work as expected.

West Virginia Update 12

  • S Corporation and Partnership Packages:
    • WV Form NRW2, Statement of West Virginia Income Tax Withheld for Nonresident Individual or Organization, will now display the correct West Virginia Identification Number. The "West Virginia Identification Number" override field on WV screen K1 will now function as expected. 
    • EF Message 0061 will prevent reject SPF-100-105, requiring Schedule C be completed when any "Reportable Entities" checkbox is marked on WV screen 1.
    • Parse errors on 'ContactName' and 'WVPTEAccountID' have been resolved. 
  • Corporation, S Corporation, and Partnership Packages: 
    • To prevent a parse error on element 'PaymentDate', EF Message 0089 will be generated, requiring a valid date to be entered on WV screen SCHC.
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • WV Form AFTC-1, Alternative-Fuel Tax Credit, has been updated and may now be printed.

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