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17986: 2023.01.19 - Drake22 Updates


Drake22 Update Notes

2023.01.19 - Drake22 Updates

 

Federal Program Update 3

  • An EF Message prevents reject "F1120S-084" associated with Schedules K-2 and K-3 on 1120-S returns.

1041 Program Update 4

  • Form 8801 is now available for filing, and the watermark has been removed.

Georgia Update 3

  • Corporation, S Corporation, and Partnership Packages:
    • EF reject 7220 has been resolved.

1040 Update 8

  • An update prevents reject "F1040-016-08" pertaining to returns that meet all of the following criteria:
    • Have EIC
    • Have an amoun t of "Other SE income" on screen SE 
    • Do not have Schedule C or other self-employment income in the return
  • Form 8801 is now available for filing, and the watermark has been removed.
  • Form 8990 is now available for filing, and the watermark has been removed.
  • Forms 1040-NR and 1040-NR(SP) are now available for filing, and the watermarks have been removed.

Illinois Update 3

  • Individual Package:
    • The calculation for line 1, "Enter the total income and other taxes you expect to owe and report on IL-1040," of Form IL-505-I, Automatic Extension Payment for Individuals Filing Form IL-1040, will now include other taxes as expected.
  • S Corporation Package: 
    • Line M of IL screen INFO has been updated.

Maryland Update 1

  • Partnership Package:
    • An update resolves reject "HEADER-00150-010," preventing Form 510/511E, Application for Extension to File Pass-Through Entity Income Tax Return, from being e-filed until approved by the MD DoR.

Michigan Update 3

  • Individual Package: 
    • Line 6 of Form 4884, Michigan Pension Schedule, is now marked only for filers born after January 1, 1956.
    • EF Message 160 is now generated only when appropriate.
    • Schedule 1 line references have been updated for EF Message 0133.
    • The referenced Form 4884 birth year has been updated for EF Message 0174.

1065 Program Update 4

  • Form 8990, Limitation on Business Interest Expense, is now available for filing. The watermark has been removed.
  • The expected calendar-year date is now printed in the header of Form 8804.

Nebraska Update 1

  • Individual Package:
    • The tax year penalty rate has been updated on NE Form 2210N, Individual Underpayment of Estimated Tax.
    • 100% of military retirement benefits will now be excluded on line 28, "Military retirement benefits," of NE Schedule 1, Nebraska Adjustments to Income.
    • 40% of Social Security income included with federal AGI will now be excluded on line 27, "Social Security included in federal AGI," of NE Schedule 1, Nebraska Adjustments to Income.

General Program Update 9

  • Fixes an issue with emailing with attachments in View Mode

Pennsylvania Update 3

  • Individual Package: 
    • Return Note 102 has been added to the program, informing the taxpayer when the total amount of credits from Schedule OC (Form PA-40/PA-41), Other Credits, is limited by tax liability, as it is a nonrefundable credit. 
    • An update resolves reject "DRKPARSE" on element "ZIPCd."
  • Corporation and S Corporation Packages:
    • The watermark on Form CT-V, PA Corporate Tax Fed/State Payment Voucher, now includes the amount of the direct debit transaction as intended.
    • Print alignment has been adjusted for Form RCT-128C, Report of Change in PA Corporate Net Income Tax. 
    • Print alignment has been updated for Schedule C-5 (Form REV-860), Schedule of Taxes.
    • EF Message 0377 is now produced when an amount is present on line 17, "Credit for CNI Tax Withholding," Section C, of Form RCT-101, PA Corporate Net Income Tax Report, requiring a PDF attachment for Schedule CP (Form PA-20S/PA-65), Corporate Partner Withholding.
  • S Corporation Package:
    • An "Initial Return" drop list has been added to PA screen 1. A selection made from this list overrides the "Initial Year" on Form PA-20S/PA-65, PA S Corporation/Partnership Information Return.
  • Partnership Package: 
    • The percentage of ownership on Schedule NRK-1, Nonresident Schedule of Shareholder/Partner/Beneficiary Pass Through Income, Loss and Credits, is now limited to five digits (percentages in the thousandths) per the PA DoR.
  • Fiduciary Package: 
    • EF Message 0298 is now generated when an attachment is required for Schedule OC (Form PA-40/PA-41), Other Credits.
  • Individual, Corporation, S Corporation, Partnership, and Fiduciary Packages:
    • The following documents have been approved: 
      • Attachment for PA Local line 5 (Net Profits) (PALOCLN5) 
      • Attachment for PA Local Return line 6 (Net Losses) (PALOCLN6) 
      • Form CLGS-32-1, Taxpayer Annual Local Earned Income Tax Return
      • Form CLGS-32-3, Quarter Estimated Local Earned Income Tax
      • Form PA-20S/PA-65, PA S Corporation/Partnership Information Return
      • Form PA-40 NRC, Nonresident Consolidated Income Tax Return
      • Form PA-65 Corp, Directory of Corporate Partners 
      • Form REV-1190, Tax Worksheet for PA-20S/PA-65 Schedule M, Part II, Section V, Line a
      • Form REV-998 PT, Shareholder Tax Basis in PA S Corporation Stock Worksheet
      • Schedule C-6 (Form REV-802), Add-Back for Intangible Expenses or Cost and Related Interest
      • Schedule RK-1, Resident Schedule of Shareholder/Partner/Beneficiary Pass Through Income, Loss and Credits
      • Schedules NRK-1 and NRK-1B, Nonresident Schedule of Shareholder/ Partner/Beneficiary Pass Through Income, Loss and Credits

1120 Program Update 4

  • Form 8990 is now available for filing, and the watermark has been removed.

1120S Program Update 4

  • Form 8990 is now available for filing, and the watermark has been removed.

990 Program Update 2

  • The EIN and name of the entity on Part II of Form 8879-TE, IRS e-file Signature Authorization for a Tax Exempt Entity, is now completed based on the selection made on the Form 8879-TE, Part II Declaration screen (accessed using the "Form 8879-TE, Part II Declaration" link on screen PIN).
  • Return Note 170 is now produced instead of EF Message 5001 when filing Form 990-N, e-Postcard. Form 8879-TE is not required for tax-exempt organizations eligible to file Form 990-N, and any data entered on screen PIN will not be used.

Virginia Update 2

  • Individual Package 
    • The following forms have been approved and can now be printed: 
      • Form 760PY, Virginia Part-Year Resident Income Tax Return 
      • Form VA760CG, Individual Income Tax Return
      • Schedule ADJ/CG, Adjustments Schedule 
      • Schedule ADJS/CG, Supplemental Schedule for Additions, Subtractions, and Deductions
      • Schedule FED/CG, Schedules C, F, 2106, and 4562 Information
      • Schedule HCI/CG, Health Care Information Schedule
      • Schedule INC/CG, W-2s, 1099s, and VK-1s with VA Withholding 
      • Schedule OSC/CG, Credit for Taxes Paid to Another State 
      • Schedule VAC/CG, Virginia Contributions Schedule,
    • The following forms have been approved and can now be e-filed:
      • Form VA760CG, Individual Income Tax Return
      • Form 760PY, Virginia Part-Tear Resident Income Tax Return
      • Form 763, Virginia Nonresident Income Tax Return,
    • A new Page 3 of Form 760C, Underpayment of Virginia Estimated Tax by Individuals, Estates, and Trusts, has been added.

Vermont Update 3

  • Individual Package: 
    • The tax year has been updated on the "Health Care Coverage" section of VT screen 1.
  • Fiduciary Package:
    • The field "Charitable Housing Credit" has been added to VT screen II. Data entered in this field flows to Part II, line 2d, of Schedule FIT-166, Vermont Income Adjustments and Tax Computations for Fiduciaries.

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