Drake Tax2024 Form Availability and Tax Changes: District of Columbia

Article #: 20010

Last Updated: December 20, 2024

 


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Supported Forms

The following District of Columbia forms are supported in Drake Tax 2024. Forms denoted with e-Sign icon can be e-signed.

Form Description IND CRP SCRP PTR FID
D-20 Corporation Franchise Tax Return   t t    
D-20CR Qualified High Technology Company Tax Credits   t t    
D-20E Declaration for Electronic Filing   t t    
D-20ES Declaration of Estimated Franchise Tax for Corporations   t t    
D-20NOLA NOL Deduction for Tax Years 2000 to 2017   t t    
D-20NOLC NOL Deduction for Tax Years 2018 and Later   t t    
D-20P D-20 Payment Voucher   t t    
D-30 Unincorporated Business Franchise Tax Return t     t t
D-30E Declaration for Electronic Filing (Partnership only)       t  
D-30ES Estimated Franchise Tax t     t t
D-30NOLA NOL Deduction for Tax Years 2000 to 2017 t     t t
D-30NOLC NOL Deduction for Tax Years 2018 and Later t     t t
D-30P D-30 Payment Voucher t     t t
D-40 Individual Income Tax Return t        
D-40B Nonresident Request for Refund t        
D-40E e-Sign icon Declaration for Electronic Filing t        
D-40ES Estimated Payments for Individuals t        
D-40P Payment Voucher t        
D-41 Fiduciary Income Tax Return         t
D-41E Declaration for Electronic Filing         t
D-41ES Estimated Payments for Fiduciary Income Tax         t
D-41P Fiduciary Payment Voucher         t
D-65 Partnership Income Tax Return         t
D-65E Declaration for Electronic Filing       t  
D-2210 Underpayment of Estimated Income Tax by Individuals t        
D-2220 Underpayment of Estimated Franchise Tax by Businesses t t t t  
D-2440 Disability Income Exclusion t        
D-2441 Child and Dependent Care Credit for Part-Year Residents t        
D-2848 Power of Attorney and Declaration of Representative t t t t t
DC-8379 Injured Spouse Allocation t        
DCALTFC Commercial Alternative Fuel Vehicle Conversion and Infrastructure Credit   t t t t
DCALTFV Alt. Fuel Vehicle Conversion and Infrastructure Credits t        
DCOBMDC Organ and Bone Marrow Donor Credit t t t t t
FR-120 Extension of Time to File a Corporate Franchise Return   t t    
FR-127 Extension of Time to File Individual Income Tax t       t
FR-130 Ext of Time to File Unincorporated Bus. Franchise Return t     t t
FR-147 Statement Claiming Refund Due a Deceased Taxpayer t        
FR-165 Extension of Time to File Partnership Return       t  
Schedule ELC Keep Child Care Affordable Tax Credit t        
Schedule H Homeowner and Renter Property Tax Credit t        
Schedule HSR DC Health Care Shared Responsibility t        
Schedule I Additions To and Subtractions from Federal AGI t        
Schedule L Lower Income Long-Term Homeowner Credit t        
Schedule N Noncustodial Parent EITC t        
Schedule S Supplemental Information and Dependents t        
Schedule SR Small Retailer Property Tax Relief Credit t t t t t
Schedule U Miscellaneous Credits and Contributions t        
Schedule UB Business Credits t t t t t

Tax Law Changes

  • DC Earned Income Tax Credit Worksheet for filers without a qualifying child — The maximum credit has been increased from $600 to $632, and the income test limit has been increased from $28,963 to $30,019.

  • Schedule ELC, Keep Child Care Affordable Tax Credit — The maximum credit for each eligible child has been increased from $1,115 to $1,160.

  • Schedule N, Non-Custodial Parent EITC Claim — The federal adjusted gross income test limits have been increased as follows:

    • One qualifying child – From $46,560 to $49,084 (from $53,120 to $56,004 for MFJ)

    • Two qualifying children – From $52,918 to $55,768 (from $59,478 to $62,688 for MFJ)

    • Three or more qualifying children – From $56,838 to $59,899 (from $63,398 to $66,819 for MFJ)

  • Standard deductions have been increased to align with federal law. For tax years beginning January 1, 2024, the standard deduction has been increased as follows:

    • Single or Married Filing Separately – From $13,850 to $14,600

    • Head of Household (HoH) – From $20,800 to $21,900

      • The additional standard deduction amount has been increased from $1,850 to $1,950 for Single or Head of Household taxpayers.

    • Married Filing Jointly (MFJ) – From $27,700 to $29,200

      • The additional standard deduction amount has been increased from $1,500 to $1,550 for Married Filing Jointly taxpayers.

  • The DC Earned Income Tax Credit may now be claimed by any taxpayer, spouse, or qualifying child who has an Individual Taxpayer Identification Number (ITIN) (§ 47-1806.04(f)(1)(D)(ii)).

  • The DC EIC ratio remains at 70% of the federal EIC (with some payments being spread throughout the year).

  • The following thresholds have been increased for Schedule H, Homeowner and Renter Property Tax Credit:

    • The federal AGI eligibility threshold for taxpayers under the age of 70 has been increased from $61,300 to $63,900.

    • The federal AGI eligibility threshold for taxpayers age 70 or older has been increased from $$83,700 to $87,100.

    • The maximum Property Tax Credit limit has been increased from $1,325 to $1,375.