Menu

Search

Knowledge Base


17444: 2021.10.15 to 12.21 - Drake20 Updates


Drake20 Update Notes

2021.10.15 to 12.21 - Drake20 Updates

 

Illinois Update 29

  • Individual Package:
    • An update prevents reject "1299C-22040-3EF" by generating EF Message 2243 when a "Credit Code" of 5780 with five "Years left to carry" is entered on IL screen 99C2, as these values flow to IL Schedule 1299-C by default. 

Missouri Update 39

  • Individual Package:
    • The respective number of Kansas City Forms RD-108, Profits Return Earnings Tax, is now generated as intended when more than one MO screen 108 is present in the return.
    • This update prevents the parse error element "Datetype" 

Maryland Update 45

  • Individual, S Corporation, Partnership, and Fiduciary Packages:
    • Data entered for "Part F" on MD screen SCHB now flows as intended to Part F on all necessary copies of MD Schedule K-1 (510), Pass-Through Entity Member's Information.

Oregon Update 27

  • Fiduciary Package:
    • This update prevents a parse error on element "ForeignAddress" when data is entered on line 3, "Other changes," of OR screen 2. 

New York Update 38

  • NY Corporation and S Corporation Packages:
    • NYC EF Message 0046 is no longer generated for Form NYC-EXT.1, Application for Additional Extension - Business, General and Banking Corporation Taxes, when a federal EF Message is present, allowing the form to be e- filed as expected. 

Maryland Update 46

  • Individual, Corporation, S Corporation, and Partnership Packages:
    • An update prevents reject "SCHEDULEK1-61095-010." 

Kentucky Update 29

  • Corporation, S Corporation and Partnership Packages:
    • Negative amounts are now generated as intended on line 7, "Kentucky net non-apportionable income," Part II of Schedule A, Apportionment and Allocation, preventing reject "SA-0017." 

Montana Update 30

  • Individual Package:
    • An update prevents reject "Form2-E132" when there are at least two credits for taxes paid (MT screen SCH6) and either the taxpayer or spouse does not have a credit in one of the states. 

District of Columbia Update 30

  • Individual Package:
    • An update prevents reject code DCD40-0036: "Total AmountDue," when line 35, "Tax Due," on Form D-40, Individual Income Tax Return, is blank, and line 38, "Underpayment Interest," includes an amount. Prior to the update, this condition did not result in a computed amount for line 40, "Total Amount Due." 

Louisiana Update 21

  • Individual Package
    • Both the entire FEIN and telephone number of the taxpayer will now be displayed correctly on Form R-1362, Disaster Loss Claim.

990 Update 40

  • EF Message 0013 is no longer generated for 990PF returns that are required to report undistributed income on Form 4720, Schedule B - Initial Tax on Undistributed Income. 

New Jersey Update 24

  • Corporation Package:
    • If the check box on NJ screen AG is selected, lines on Schedule A-GR, Computation of NJ Gross Receipts and Minimum Tax, will be blank, and the minimum tax on page 1 of Form CBT-100, NJ Corporation Business Tax Return, will be $2,000. 

Wisconsin Update 29

  • Partnership Package:
    • Line 19, "Wisconsin apportionment percentage," of Form 3, WI Partnership Return, is now calculated as intended, preventing reject "F3-110."

Ohio Update 40

  • Individual Package:
    • An update prevents Ohio Generic city tax returns for tax year 2020 from being e-filed starting November 1, 2021. 
  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • An update prevents reject OH-MNP10-005. 

Pennsylvania Update 33

  • Individual, Corporation, S-Corporation, Partnership
    • General state programming update
    • e-File has been activated for amended Philadelphia returns. 

Georgia Update 15

  • Individual Package
    • A negative number will now be printed on GA Form 500-NOL, page 4, line 2, "Taxable income before NOL carryback," when entered on GA screen NOL3. Prior to this update, a negative number entered here would be printed as a positive number. 

Michigan Cities Update 29

  • Individual Package
    • Electronic filing for 2020 Michigan Common Cities closes on November 1, 2021. An EF message has been added to prevent electronic filing on that date.

General Program Update 8

  • General program updates.

North Dakota Update 20

  • Individual Package:
    • Line 10, "Amount included in line 2 that was allowed to deduct on
    • Schedule A," has been added to ND screen EF1.

1040 Program Update 59

  • The following codes have been added, as appropriate, to the State/City drop lists on federal screens EF and COMM (LTR): 
    • PLBIRTX, Philadelphia BIRT Amended
    • PLNPTX, Philadelphia NPT Amended
    • PLSITX, Philadelphia SIT Amended

1120 Program Update 41

  • The following codes have been added, as appropriate, to the State/City drop lists on federal screens EF and COMM (LTR):
    • PLBIRTX, Philadelphia BIRT Amended 
    • PLNPTX, Philadelphia NPT Amended
    • PLSITX, Philadelphia SIT Amended
  • A field has been added to federal screen DED for charitable cash contributions using the 10% limitation. Prior to this update, fiscal year returns that included "Contributions 25%" values were previously calculated using the number of days in each year with only the portion of the tax year in 2020 being calculated at the 25% of taxable income limitation. Fiscal year returns that include a charitable contribution deduction on line 19 of Form 1120 should be reviewed for accuracy. 

1120S Program Update 38

  • The following codes have been added, as appropriate, to the State/City drop lists on federal screens EF and COMM (LTR): 
    • PLBIRTX, Philadelphia BIRT Amended
    • PLNPTX, Philadelphia NPT Amended
    • PLSITX, Philadelphia SIT Amended

1065 Program Update 40

  • The following codes have been added, as appropriate, to the State/City drop lists on federal screens EF and COMM (LTR):
    • PLBIRTX, Philadelphia BIRT Amended 
    • PLNPTX, Philadelphia NPT Amended
    • PLSITX, Philadelphia SIT Amended

990 Program Update 41

  • The statement references on page 2 of Form 990-T, Schedule A, will now be printed as expected. Prior to this update, the references were sometimes printed over the amounts. 

General Program Update 53

  • General program update.

North Dakota Update 21

  • Individual Package:
    • Line 10, "Amount included in line 2 that was allowed to deduct on Schedule A," has been added to ND screen EF1. A field help is included for this line.

Hawaii Update 14

  • Corporation Package
    • EF Messages 0236 and 0237 are no longer generated when the "Multi-state Corp using separate account" box is marked on HI screen DEMO and Schedules O and P are present in the return. PDF attachments will no longer be required in this case.

New Jersey Update 25

  • Individual Package:
    • An update resolves an electronic filing issue when there are multiple Schedules NJ-COJ, Credit for Income or Wage Taxes Paid to Other Jurisdiction, included in the return. 

General Program Updates 9

  • General program updates.

Iowa Update 38

  • Individual Package:
    • A check mark no longer appears in the "EF Status" column of the Calculation Results window for Form IA102, Amended Return Schedule, when the return also produces an EF Message. This update resolves a parse error occurring with the element "Change." 
  • Corporation Package:
    • A parse error caused by a negative number in Step 4, line 6, "Other Reductions," of Form IA1120, has been corrected. Prior to this update, the negative number caused a parse error for the element "Total."

Hawaii Update 15

  • Corporation Package 
    • EF Messages 0236 and 0237 are no longer generated when the "Multi-state Corp using separate accounting" box is marked on HI screen DEMO and Schedules O and P are present in the return. PDF attachments will no longer be required in this case. 

1120 Program Update 42

  • General program update.

990 Program Updates 42

  • Schedule B of Form 1118, Foreign Tax Credit - Corporations, is now calculated as expected.
  • Schedules A and B of Form 1118 are now available for e-file.

1120 Program Update 43

  • Depreciation expense is now reported on line 5, "Other costs," of Form 1125-A, Cost of Goods Sold, as expected. Prior to this update, in rare circumstances, a Section 179 depreciation amount was reported in error. 

1065 Program Update 41

  • Revenue procedure 2021-50 allows a Bipartisan Budget Act (BBA) partnership to file an amended return related to PPP loan forgiveness, in the certain circumstances described within the revenue procedure. The tax year end must be after March 27, 2020, and the amended return must be filed by December 31, 2021. On screen MISC, mark the "Check this box to elect to amend in accordance with REV PROC 2021-50" check box to make this election. 

Mississippi Update 22

  • Individual Package:
    • Mississippi estimated tax payments entered on federal screen ES now flow to the following forms as expected:
      • Form 80-105, Resident Individual Income Tax Return, line 25, "Estimated tax payments, extension payments and/or amount paid on original return"
      • Form 80-205, Non-Resident/Part-Year Resident Individual Income Tax Return, line 27, "Estimated tax payments, extension payments and/or amount paid on original return" 

General Program Updates 54

  • General program updates.

General Program Updates 10

  • General program updates.

Also In This Category


Details
Article has been viewed 258 times.
Last Modified: 7 Months Ago
Options