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8915 F 2020 Coronavirus Distributions for 2021 Tax Returns

If a taxpayer received a coronavirus-related distribution in 2020 and that amount was entered in Drake Tax 2020, information from the 2020 return will update to 2021. If not, enter the 2020 information on the 915F screen in Drake Tax 2021.

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STEX screen

Learn how to prepare some or all of your state extensions, by using the STEX screen.

Entering Multi-State W-2

Use the Additional Entries tab to report data exceeding the four fields provided on the W2 screen or school district wages in withholding.

SALT Limitation

Drake Tax's SALT Limitation Worksheet breaks down the deductions for the $10,000 State and Local Tax Deduction.