Menu

Search

Knowledge Base


17467: 2022.01.07 - Drake21 Updates


Drake21 Update Notes

2022.01.07 - Drake21 Updates

 

Arizona Update 1     

  • Individual Package:
    • The AZ Individual package has been approved for e-file. Individual returns containing Small Business Income (SBI) forms may not yet be e-filed.

Hawaii Update 1

  • Individual Package
    • The appropriate response is now marked for line 54, "Did you file a federal Schedule E for any rental activity," of Form N-11, Individual Income Tax Return - Resident, regardless of whether rental activity is sourced inside or outside of HI.
  • S Corporation Package:
    • Values in column C, "Attributable elsewhere," for lines 7, "Net short-term capital gain (loss)," and 8, "Net long-term capital gain (loss)," on Schedule K of Form N-35, S Corporation Income Tax Return, are now calculated only when applicable.
  • Corporation Package:
    • The return balance due is now calculated as intended for an amended Form N-30, Corporation Income Tax Return, when there has been no previous amount paid or overpaid entered on HI screen AMD. Prior to this update, a refund would have been calculated in this scenario rather than a balance due.

Montana Update 1

  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • The following forms have been approved and enabled for printing:
      • Form-CT, Montana Corporate Income Tax Payment Voucher
      • Form-IT, Montana Individual Income Tax Payment Voucher
      • Form-PR, Montana Partnership Tax Payment Voucher
      • Form QEC, Qualified Endowment Credit
      • Form-SB, Montana Small Business Corporation Tax Payment Voucher
      • Form VT, Veterans' Program Contribution and Deduction

OH and RITA Multiple package Update 1

  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • The following forms have been updated to the latest version and enabled for printing:
      • Forms CCA
      • City Tax Form
      • Net Profit Tax Return
      • RITA Form 10A, Application for Municipal Income Tax Refund,
  • Fiduciary Package:
    • e-File has been approved for the OH Fiduciary package.

Oklahoma update 1

  • Individual Package:
    • The program no longer closes when calculating returns with Form 538-S, Claim for Credit/Refund of Sales Tax, in which the taxpayer or spouse has an ITIN.
  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • The above packages have been approved for e-file.

Utah Update 1

  • Individual Package:
    • Line 9 of the Social Security Credit Worksheet (UTWK_RET), will no longer be computed as a negative number. That line cannot be less than "0" (zero).
    • Line 7 of the Social Security Credit Worksheet (UTWK_RET), will now be calculated by the amount of taxable Social Security benefits instead of by the Modified Adjusted Gross Income. 

Vermont Update 1

  • Partnership Package:
    • The officer's signature date on Form BI-471, Vermont Business Income Tax Return, will now be printed as entered on federal screen PIN. Prior to the update, the signature date used by default was the preparer's signature date.
  • Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • All business packages and the fiduciary package have been approved for e-file. EF Messages preventing e-file have been removed.

Also In This Category


On a scale of 1-5, please rate the helpfulness of this article


Not Helpful
Very Helpful
Optionally provide private feedback to help us improve this article...

Thank you for your feedback!


Details
Article has been viewed 2.2K times.
Last Modified: 2 Years Ago
Article not rated yet.
Options