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16515: 2020 - Drake18 Updates

Drake18 Update Notes

Updates released in calendar year 2020 for Drake18.


Iowa Update 35

  • Individual Package:
    • Step 3, "Exemptions," line b, of the 2018 Form IA 1040, will now be calculated if the person is marked as "Blind" and the filing status of the return is Married Filing Separately on federal screen 1.

Illinois Update 23

  • Individual Package:
    • The taxpayer's name and EIN will now be printed at the top of the IL Income Tax Credits Worksheet (IL1299I), as expected.
    • The IL Schedule M is now generated even if the amount on line 23 is the only amount entered on IL screen M2.

Texas update 8

  • Multiple Packages:
    • Drake Tax 2018 no longer generates non-amended Texas reports. Such reports must now be filed using Drake Tax 2019.

Florida Update 10

  • Corporation and S Corporation Package
    • Florida e-file specifications have been updated. 

Nebraska Update 29

  • S Corporation package:
    • Amended Forms 1120-SN, 2018, Nebraska S Corporation Income Tax Return, now produce EF Message 0042: "Amended Form is not allowed to be e-filed. An amended return must be paper-filed when the preparer marks 'Amended return' on federal screen 1 only."

North Carolina Update 12

  • Individual Package:
    • Form D-400, Schedule S, 2018 Supplemental Schedule, Part C, line 17, “Real estate property taxes,” will be limited to $5000 for filing status Married Filing Separate and $10,000 for all other filing statuses.

Florida Update 11

  • Corporation and S Corporation Packages:
    • EF reject 32 has been resolved for FL corporation returns. 

1040 Update 73

  • An EF Message now alerts the preparer to the presence of Private Mortgage Insurance in the return. This deduction has been retroactively extended. A program update to activate the deduction will be released once IRS has updated its forms and e-file rules.
  • The exemption amount on line 5 of Form 6251 will no longer be limited for certain filers under the age of 24. This is a retroactive change due to the passage of the Secure Act.

1041 Update 30

  • EF Message 5294, concerning Section 179 expense, will no longer be generated when Form 1041 returns are converted from another tax program into Drake Tax.

1065 Update 44

  • General program update.

1120 Update 38

  • General program update.

1120S Update 38

  • General program update.

990 Program Update 25

  • General program update.

Arizona Update 29

  • Individual Package:
    • For Individual returns using itemized deductions and taking a subtraction for lottery winnings on Form 140, 140PY, or 140NR, Schedule A, Schedule A(PY), and Schedule A(PYN) may need to be adjusted for gambling losses claimed as an itemized deduction. The program has been adjusted to use the federal allowable gambling losses rather than the total gambling losses.

Nebraska Update 30

  • Corporation Package:
    • The rounding calculation for Form 1120N, Schedule IV, Converting Net Income to Combined Net Income, column lll total has been corrected to match Form 1120N Nebraska Income Tax Return, line 2 preventing EF Message 0035: "NE 1120 Sch IV Invalid Entry The total of column III of the Schedule IV (Combined Income) must equal the Line 2, Form 1120N (Federal Taxable Income)" from being generated.
    • Form 2220, Nebraska Underpayment of Estimated Tax by Corporations, will not be generated when line 3 is less than $400, preventing the following EF Message from being generated: "If PartI_TaxAfterCreditAmt (line 3) is less than $400 then Lines 4 through 20 (from PartI and PartII of Form 2220N) must be zero or blank. Rule Number: F2220N-0009."

Florida Update 12 

  • Corporation and S Corporation Package
    • The program now includes an "Account Holder Type" when a payment is included with the return, preventing reject #00044. 

Arkansas Update 22

  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • An update prevents an extension from being e-filed after the due date of the return. Extensions can be filed only between the entity's fiscal year end and the due date of the tax return.

Nebraska Update 31

  • Corporation Package:
    • An update to Form 1120N, page 2, Schedule l-Apportionment for Multistate Business, allows line 13 to be e-filed in accordance with Business Rule S1-0005 to prevent a reject.
    • An update to Form 1120N, page 2, Schedule l-Apportionment for Multistate Business, allows line 15 to be e-filed in accordance with Business Rule S1-0009 to prevent a reject.

New Mexico Update 22

  • Individual Package:
    • When the Worksheet for Computation of Allowable Credit for Taxes Paid to Other States by New Mexico Residents is for a Hawaii nonresident return, all four pages of the HI return will be generated for the PDF attachment.

Indiana Update 21

  • Individual Package
    • Amounts from the previous year's Schedule IT-40NOL, Individual Income Tax Net Operating Loss Computation, now flow to the current year.
    • Amounts from line 16 of federal Form 461 now flow to Part 1, line 7 of Form IT-40NOL.
    • Schedule IT-40NOL Carryforward Worksheet, now calculates the correct amount for IT-40, Schedule 2, "Deductions," line 9, and IT-40PNR, Schedule C, "Deductions," line 9. NOL carryforward. 

Arkansas Update 23

  • Individual Package:
    • All four pages of the Hawaii income tax return will now be attached to e-filed AR tax returns when credit for taxes paid to HI is taken on the AR return.

Pennsylvania Update 19

  • Individual Package:
    • All pages of the HI N15 will be included as a pdf and will attach to the PA-40 when the Schedule G-L - Credit for Taxes Paid by PA Residents to Other States is present.

Maine Update 22

  • Fiduciary Package:
    • The flow of income distribution from federal Form 1041, line 17, to ME Form 1041ME, page 3, Schedule 2, column 2, has been corrected.
  • Individual Package:
    • All four pages of the Hawaii income tax return will now be attached to the Maine income tax return when a credit for taxes paid to HI is claimed on the ME return.

Vermont Update 18

  • Individual Package:
    • An amended VT Form IN-111, Vermont Income Tax Return, with zero balance due or refund will now reflect the correct refund amounts.
    • An issue has been corrected Form HI-144, line l, column 1, that occurred when a partnership Schedule K-1 had section 179 deductions.

1041 Update 31

  • General program update.

1040 Program Update 74

  • An EF message now prevents reject R0000-004-01. Form 9465 can be e-filed for the current tax year only.
  • Returns containing a mortgage insurance premium deduction on Schedule A, line 8d, can now be e-filed.
  • 2018 returns containing Form 8615 cannot be e-filed at this time.
  • A program update will be released after IRS releases the new form instructions.

1065 Update 45

  • General program update.

1120 Update 39

  • General program update.

1120S Update 39

  • General program update.

990 Update 26

  • General program update.

Hawaii Update 17

  • Individual Package:
    • Schedule X is now produced correctly when taxable dependent care benefits exist.
  • Corporation Package:
    • To prevent a parse error on 'Header', an EF Message is generated when the corporate title entered on HI screen O is not an exact match.

Iowa Update 36

  • Individual Package:
    • EF Messages 0055 and 0177 will now be generated only when the amount on line 2 or 3 of Form IA 1040 is negative amount.

Iowa Update 37

  • Individual Package:
    • 1099R distribution codes of J, Q, or T will only flow to line 8 of IA1040.

Oregon Update 23

  • Individual Package
    • Mortgage insurance premiums on line 8a of the 2018 federal Schedule A will now flow to the 2018 Schedule OR-A, Oregon Itemized Deductions, line 15, "Mortgage insurance premiums."

North Dakota Update 17

  • Corporation Package:
    • When the filing method on page 1 of Form 40, is "Single Corp Entity," "Combined Report Method," or "Water’s Edge Method," and if ND Form 40, line 5, is "1.000000" or "0" (zero), ND Schedule FACT will automatically be included in the return. An EF Message now prevents reject ND F40-006: "When filing methods a, b, and c, if the apportionment factor does not equal 1.000000 or zero, Schedule FACT must be completed."

Arizona Update 30

  • Corporation Package:
    • The payment date on page 3 of Form 120, Arizona Corporation Income Tax Return, will now be printed in a smaller font so that the full date fits in the column.
    • Updated the Form 120X, "Arizona Amended Corporation Tax Return", page 1, Item B, Arizona filing method to match the filing method on Form 120 or 120A, "Arizona Corporation Tax Return".
  • Partnership
    • This update ensures all 165 Schedules K-1 generate for an Arizona partnership return.

Illinois Update 24

  • Individual Package:
    • The "Federal change" box on page 1, Step 1, of 2018 Form IL -1065-X, Amended Partnership Replacement Tax Return, will now be marked when the "Partially Agreed" box or the "Finalized" box is marked. 
    • The "Federal change" box on page 1, section "I," Step 1, of Form IL -1120-ST-X, Amended Small Business Corporation Replacement Tax Return, will now be marked when the "Partially Agreed" box or the "Finalized" box is marked. 
  • Business Packages:
    • EF Message 15 now prevents a parse error for the "CityNm" element when numerals are entered in the "City" field on federal screen 1. 

Maine Update 23 

  • Individual, Fiduciary, and Corporation Packages: 
    • The total from line 1 of all Maine Capital Investment Credit Worksheets, (MEWKMCIC), now flows to:
      • Form 1040ME, Schedule 1, line 1e 
      • Form 1041ME, Schedule 1, line 1f
      • Form 1120ME, line 4b
    • The total from line 4 of all MEWKMCIC worksheets flows to:
      • Form 1040ME, Schedule A, line 15
      • Form 1041ME, Schedule A, line 8
      • Form 1120ME, Schedule C, line 1f

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