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17788: 2022.07.29 - Drake21 Updates


Drake21 Update Notes

2022.07.29 - Drake21 Updates

 

Illinois Update 39

  • Individual Package
    • The amounts on line 7, "Total Additions," and line 16, "Total Subtractions," on the IL Schedule CR worksheet of Schedule M for Non-Illinois Income now flow to lines 25 and 39, column B, of IL Schedule CR, Credit for Tax Paid to Other States.
    • When an income tax credit is present on line 52p, "Hospital," of IL Schedule K-1-P, Partner's or Shareholder's Share of Income, Deductions, Credits, and Recapture, the correct identifying number will flow to column D on page 3 of IL Schedule 1299-C, Income Tax Subtractions and Credits (for individuals).
    • When an amount is present on line 52a, "Film Production Services," on IL Schedule K-1-P, Partner's or Shareholder's Share of Income, Deductions, Credits, and Recaptures, the credit code "5000" will now flow to column D on page 3 of IL Schedule 1299-C, Income Tax Subtractions and Credits (for individuals).
    • The intended amount of prior-year overpayment will now be calculated correctly on line 18, "Calculate the total amount of all payments," of IL Form IL-2210, Computation of Penalties for Individuals.

Kentucky Update 29

  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • The EF Selection Report will now reflect the intended refund or balance for amended returns. 



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