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16937: 2020.10.26 - Drake19 Updates


Drake19 Update Notes

2020.10.26 - Drake19 Updates

 

Alaska Update 9

  • Corporation Package:
    • The state of Alaska has conformed to the federal changes related to the CARES Act. The update of the Schedule K and AKCC_WK worksheet now allows 10% and 25% limitations of charitable contributions. Form AK 6000 now allows carryback to be waived for net operating loss, due to the federal update of the CARES Act.

Arkansas Update 42

  • Individual Package:
    • The wording of the third box on AR screen LPFI has been updated to "Do NOT Carry P & I to 1000V, filing instructions and client letter" to reflect the intended functionality of the check box.

Arizona Update 49

  • Fiduciary Package:
    • Conditions for generating EF Message 0004 have been updated.

California Update 32

  • Individual Package:
    • EF Message 1022, regarding Form 3801, Passive Activity Loss Limitations, has been updated for clarity.
  • Fiduciary Package:
    • Form 541, California Fiduciary Income Tax Return, has been updated to allow a refund to offset an underpayment of tax.

Illinois Update 33

  • Individual Package:
    • An update prevents IL rejects IL1040-5500-1 and ILEIC-1830-2.

Kentucky Update 27

  • Individual Package:
    • An update prevents a parse error for the element "http://www.irs.gov/efile:PTEFEIN" on Schedule Q, Single Member Limited Liability Company Questionnaire, of KY Form 725, Single Member LLC Individually Owned Income and LLET Return.
    • Values entered in the "Apt #" field on federal screen 1 now flow to KY Form OL-3, Occupational License Tax Return, as intended.
  • Partnership Package:
    • Line D2, "Nonresident partner," of KY Schedule K-1 (Form 765), Partner's Share of Income, Credits, Deductions, etc., has been updated to include values with four decimal places, preventing reject "SK1765-0004."

Maryland Update 22

  • Individual Package:
    • EF Messages 2061 and 4652 no longer prevent the following MD form from being e-filed when federal Form 1040-X, Amended U.S. Individual Income Tax Return, is attached to the return: 
      • 502, Resident Income Tax Return 
      • 502X, Amended Tax Return
      • 505, Nonresident Income Tax Return
      • 505X, Nonresident Amended Tax Return
  • Corporation Package:
    • Negative values can now be generated in Column A, "As originally reported or as previously adjusted," on line 8, "Maryland taxable income," of MD Form 500X, Amended Corporation Income Tax Return. 
  • S Corporation Package:
    • An update prevents reject "510-02495-010" when there is both a Part I, Individual Members' Information, and a Part II, Fiduciary Members' Information, included on Schedule B, Pass-Through Entity Income Tax Return Members' Information, of MD Form 510. 

Maine Update 38

  • Corporation Package:
    • The extended due date for submitting 2019 Form 1120ME, Corporate Income Tax Return, has been extended further, from October 15, 2020, to November 16, 2020, per the Maine Tax Alert, Volume 30, Issue 18. 

Minnesota Update 21

  • Individual Package:
    • The "Estimates and Extension payments" field of Worksheet MN-COMP, Three-year State Tax Return Comparison, now includes extension payments as intended. 
    • The "ROTH distributions" line on MN screen ADJ has been updated from a direct entry field to an override field. Overrides now flow to Schedule M1PR-AI, Additions to Income. 
  • Corporation Package:
    • Line 32, "Limitation," of MN Schedule RD, Credit for Increasing Research Activities, is now calculated as expected using the lesser of line 10, "Tax year 1986," or line 14, "Fixed base percentage," minus the sum of lines 19, "Tax Credit for Owners of Agricultural Assets," and 20, "Subtract line 19 from line 18," of Form M4T, Tax Calculation.

Mississippi Update 32

  • Individual Package:
    • The following EF Message (0006) has been added to the program: "Invalid entry on line 17 (State dropdown) on the 1099-MISC screen. Please return to Federal screen 99M and check the entries made in line 17 (State dropdown)."
  • Fiduciary Package:
    • The following EF Message (0104) has been added to the program: "Return is marked 'Bankruptcy Estate' and the Decedent/Debtor SSN is missing. Please enter the Decedent/Debtor SSN on MS screen 1."

Montana Update 47

  • Corporation Package:
    • EF Message 0104 is now generated when either lines 2, "Are you a member (parent or subsidary) of a consolidated group for federal purposes," or 3, "Are you filing a combined return for Montana purposes," on Part 1, "Filing Method," of MT Form CIT, Corporate Income Tax Return, have an answer of "Yes" and no MT screen M1, M2, or M3 has been completed, preventing rejects "CIT-E101" and "CIT-E102."

Ohio Update 41

  • Individual Package:
    • An update helps prevent reject "DRKPARSE" for element "OppZoneInvestCredit", "OHPassThroughEntityCreditInfo", and "TotalLossCarryforward". - An update helps prevent rejects "OH-IT1040-004" and "OH-IT1040-100."
  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • EF Message 6001 is no longer generated when values on Step 4, "Total of Percentages," of Schedule Y, "Business Apportionment Formula," of OH RITA Form 27, Net Profit Tax Return, exceed 100% or 1.0.

Wisconsin Update 32

  • Individual Package:
    • An update prevents reject DRKPARSE for element 'PassThruWithholding'. 
  • Fiduciary Package:
    • An update prevents reject DRKPARSE for element "DesigneePIN" and 'Signature'.

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