17201: 2021.04.21 - Drake20 Updates

Arizona Update 26

• Fiduciary Package:
  • Ineligible characters entered on federal screen K1 will now be automatically removed during transmission, preventing a parse error on Form 141, Schedule C, for "BusinessNameLine1Txt'" element.
  • To prevent reject 601, EF Message 0017 will now be generated when AZ income tax withheld is entered on line 22 of AZ screen 141, overriding entries on federal screens W2 or 1099. If state withholding is entered on federal screen OID, DIV, INT, or 99K, EF Message 101 will be generated, requiring the preparer to paper-file the return.
• Corporation Package:
  • Zero ("0") will now be generated on Form 120, page 3, Schedule E, lines E4, "Standard Apportionment Total Ratio," and E5, "Average Apportionment Ratio for Standard Apportionment," when applicable, preventing reject 2055.
• Individual Package:
  • AZ has conformed to the federal CARES Act and the federal American Rescue Plan, allowing the AZ return to be automatically e-filed with the federal return without the need for marking check boxes on the screen.

Federal Update 24

• The owner's name or entity's legal name will be printed as expected on FBAR Forms 114A and 114. Prior to this update, a hyphen was not printed.

1040 Update 41 

• EF Message 3035 no longer prevents e-file.
• An update prevents the following parse error: "The 'exemptSETaxLiteralCd' attribute is not declared."
• The amount of scholarship and fellowship grants present on line 10c of Form 1040-NR will now be used to reduce the AGI on Form 8962, Premium Tax Credit, preventing rejects. Returns receiving reject F8962-059 should be recalculated, reviewed, and retransmitted. 

Illinois Update 21

• Corporation, S Corporation, Partnership, and Fiduciary Packages:
  • Values in column H on line 1, step 1, of Form IL-477, Replacement Tax Investment Credits, will now round as expected, preventing reject "IL477- 100-2." 

1065 Update 27

• General program update.

New Jersey Update

• Individual Package:
  • The following lines on Form NJ-2210, Underpayment of Estimated Tax by Individuals, Estates, or Trusts, have been updated to display the intended amount: 
    • Line 15, "Exception 1," columns "June 15, 2020" and "July 15, 2020"
    • Line 16, "Exception 2," columns "June 15, 2020" and "July 15, 2020"
  • The program will no longer automatically indicate that there is a death certificate enclosed when a "date of death" is entered on federal screen 1. The "Enclosing Copy of Death Certificate" check box on NJ screen 1 must be selected in order to indicate that a death certificate is included with the return. 
• Partnership and S Corporation Packages:
  • Form PTE-100, Pass-Through Business Alternative Income Tax Return, has been added to the program and is now available for e-file. 
• Partnership Package:
  • EF Message 1403 will no longer prevent Form PART-200-T ("NJ200EXT"), Partnership Application for Extension of Time to File NJ-1065, from being e-filed. 
• S Corporation Package:
  • An update prevents reject "DRKPARSE" on element "NameSuffix." 

General Update 38

• General program update.

1120 Program Update 27

• General program update.

1120S Program Update 26

• General program update.